U.S. credit union system trends are clear and consistent: consolidation is steady, regulatory pressures are increasing, the largest credit unions...
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