December 1, 2009 Dollars & Sense
December 2009
Callahan score rates 154 credit unions with assets over $1 billion.
Callahan and Associates, a leading credit union consulting firm, has ranked SLFCU sixth in return to members out of 154 credit unions with assets over $1 billion. The survey, entitled “What’s the Economic Value of a Membership in Your Credit Union?” notes the Return to the Member Score (ROM) is designed to determine how well credit unions are delivering economic benefit and good products to their membership.
Lending, Saving, Product Usage
The index measures how well a credit union is delivering value by providing a raw score for each of the three components, then assigning a percentile ranking (between 1 and 100) within the credit union’s peer group. The credit union’s final ROM score is a rank among its peers.
Safety, Soundness and Service
SLFCU is dedicated to improving products, services and return to members. At a time when banks, mortgage brokers and insurance companies have been battered by a weakening economy, vanishing credit supply and hundreds of disclosures of outright fraud at all levels, your Credit Union continues to help you get the low cost mortgages, consumer loans and secure deposit accounts you need for financial success. When times get tough, our members know they can rely on SLFCU.
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