In this report, we define credit unions’ financial sustainability as their being able (1) to offer attractive terms and interest...
Jun 10 2008
Costs and Consolidations
In Credit Union Costs and Conslidations Filene Fellow James Wilcox answers the question “Is there significant empirical evidence that credit unions can reduce their costs by operating at a larger scale?”
- Differences in average performance across credit unions of different sizes have risen over the last two decades.
- A large fraction of credit unions, as measured by assets, are involved in mergers in any give year.
- Scale matters, but it is not the only thing that matters.
Report Number 156