Analysis Suggests Improved BottomLines

MADISON, Wis. - (11/12/04) Credit union bottom lines shouldimprove over the next 18 months as rates steadily rise, accordingto CUNA. But the trade group’s Center for Research &Advice is cautioning that healthier performance will not be had ifcredit unions don’t continue to be innovating in lending.CUNA is forecasting loan growth increases of 12% for 2004 and 10%for 2005. At the same time, investable funds will shrink, CUNAsaid, as it is forecasting deposit increases of 6% and 7% for 2004and 2005, respectively. months, but credit unions will need to findinnovative lending strategies to attract borrowers, says an updatedeconomic forecast from CUNA.