The balance sheet/growth connection
In early 2017, $1.7 billion Oregon Community Credit Union, Eugene, Oregon, bolstered its net worth and return on assets by restructuring not only its loan portfolio, but its entire balance sheet. That effort bolstered the CU’s net worth ratio and return on assets. Find out why and how the CU did it.
Also in this special report, Mike Dionne, SVP/community markets, Americas at Finastra, shares insights into the state of credit union growth. And Finastra, a global company offering financial services software and cloud solutions, discusses obstacles and opportunities for credit union growth, shares insights into how workflow automation can aide in growth. In addition, Trellance presents a case study about credit union card portfolio growth.