Latest CUNA Economic Update tackles ROA
WASHINGTON (1/29/16)--The January 2016 edition of the CUNA Economic Update video series offers advice to credit unions on setting goals for returns on assets (ROA) based on current and anticipated economic conditions.
This episode of the monthly series, which addresses current economic issues facing the credit union movement, is called “Is 80 the New 100?” and features Bill Hampel, chief policy officer for the Credit Union National Association.
“While it’s important for credit unions to set ambitious goals, they also have to be realistic about our current financial climate and what is actually attainable in terms of revenues,” Hampel said. “This month’s CUNA Economic Update will help finance professionals identify a feasible ROA for their credit union in 2016.”
Each Economic Update video runs 15 minutes, and focuses on issues ranging from macro-level economic developments to general credit union operations issues. Sponsored by the CUNA CFO Council, it is free for all member credit unions.