CU Snapshot

 2Q '08 1Q '08
# of CUs8,337 8,425
Members
(millions)
90.1 89.9
Total Assets
($ billions)
812.7 782.0
Total Savings
($ billions)
684.6 653.1
Net Cap.
/Assets
11.1 11.5%
Loans to Savings80.1 84.4%
Loan Delinq..97% .99%

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In-Depth Report:
Challenges to Financial Literacy

08/07/08

If consumers struggle during good times, imagine the pressure as the economy worsens. There’s no substitute for financial savvy. But is education enough, or should the financial services industry reduce the complexity of product offerings?

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This Week's Articles

08/06/08

Lenders, Know Your Borrowers
Credit unions provide a clear alternative to risky mortgage securitization

Mobile Payments Shaking Out
Decisions to be made on use of ACH, ATM, or card association networks

Most Middle-Class Retirees Will Outlive Retirement Savings
Those without guaranteed income will need to reduce their standard of living

Shopping for Student Loans Could Threaten Credit Ratings
Fair Isaac thinks it’s rare, but lenders and student-loan brokers think it’s common

What About a Super-Simple Retirement Savings Plan?
The U.S. could follow the U.K.’s lead to help with retirement savings

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July 28 CU360 Newsletter Current Newsletter

July 28 - This issue contains:
Spending Economic Stimulus Checks
Break Through Marketing Clutter
Adopt Expense Controls that Last
Clarity in Employment Contracts
Add Risk Management to Training
The Six Phases of Change
Are Bigger Branches Better?
A Closer Look: CEO Compensation Keeps on Climbing

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