Financial reporting

The industry is slated for another busy week, with more bank results on the horizon, plus a nomination hearing for Trump’s pick to head the CFPB.

The National Credit Union Administration's quarterly map of state-level performance data sees a continuation of many long-running trends, but a handful of states can be thankful they're no longer at the bottom of the pack for certain performance metrics.

While credit unions posted strong lending numbers and growth stats, the overall number of federally insured credit unions continued to decline during the first quarter of 2018.

One expert on call reports offered more than a dozen examples of how credit unions can avoid making common mistakes when filing 5300s with NCUA.

A major study recently named the $2.5 billion-asset CU the No. 1 performing credit union in California.

CEO James Schenck told attendees at the credit union's 2018 annual meeting that last year saw record growth, including a 10% increase in membership and more.

The San Diego-based credit union’s member base increases 10.5 percent in the first quarter, with total assets up to $8.4 billion.

The California-based credit union says membership saw ‘solid’ growth in the first quarter of 2018.

The credit union has come a long way from when it started with just 40 refinery employees and their families as members.

The credit union saw deposits grow by 9 percent and loans grow by 7 percent, while returning more than $1.8 million in member dividends.

The Las Vegas-based credit union keeps quarterly winning streak alive, posting $2.19 million in net income in Q1.

The Rhode Island-based credit union saw lending and assets increase by more than 7 percent, respectively, while net income was up more than 15 percent.

The Indiana-based credit union made significant gains in membership, lending, assets and more.

Credit unions saw strong gains in membership, loans and more in 2017, though the industry continued to shrink, with 200 fewer credit unions in operation than at the end of 2016.

SDCCU’s member base increased by 35,000 during 2017, with total assets up to $8.3 billion.

The California-based CU says its 2018 emphasis will be on member retention and expansion.

The agency will issue proposed changes to the quarterly financial reporting system for a 60-day comment period. The aim is to streamline the 'backbone' of the regulator's examination data-collection efforts.

Readers sound off on Mick Mulvaney’s plan to hire political appointees at the Consumer Financial Protection Bureau, question what’s behind the failure of Washington Federal Bank for Savings in Chicago, react to an argument that Equifax must endure, and more.

Tennessee-based CU has returned $71.5 million over the last 13 years.

California-based CU grew loans by 15.2 percent, assets, memberships rise.