Federation Releases Groundbreaking Community Development Performance Metrics for Credit Unions
See how your credit union is reaching your target markets
Community development credit unions are mission-driven financial institutions and we report our impact in terms of both financial and social metrics. The Community Development Profile is the leading industry report benchmarking key financial performance and impact indicators for credit unions working in community development and financial inclusion.
In this year’s report, for the very first time, we’re lifting the hood on CDFI credit unions and looking at consumer level loan data for a large segment of the CDFI credit union industry as part of a multi-year research effort. Unparalleled in its depth and scope, this initiative draws on proprietary data analysis not available anywhere else, to establish the very first industry-wide performance benchmarks and peer analysis for CDFI credit unions. Register here to join us for a preview on June 6.
Measuring Up: Community Development Profile and Benchmarking
The Community Development Profile is a personalized report developed by the Federation annually for each Federation member. Each CD Profile provides custom designed peer analysis and benchmarks comparing your credit union’s performance with that of mainstream credit unions, CDFI credit unions and Low-Income Designated credit unions.
It offers a unique perspective on how your credit union compares with your peers in terms of the opportunity to serve low-income communities, your delivery of high-impact products and services and your overall financial performance.
The Profile is an invaluable tool for credit unions and has been used to assist with:
- Establishing Best Practices
- Identifying Strategic and Performance Improvement Opportunities
- Identifying Market and Growth Opportunities
- Capacity and Performance Assessment
- Resource Allocation
- Earnings Management
- Strategic and Business Planning
- Regulatory Examinations
See It Here First: Preview the 2018 CD Profile and How to Use It
Be the first to see what’s new with the 2018 Community Development Profile and learn how this tool can be used to benefit your credit union. In this session we will walk through key features of this year’s Profile, including financial and impact benchmarks for community development credit unions as compared with mainstream CUs and a complete set of key financial performance indicators for community development credit unions.
Community Development Profile Preview Webinar
Wednesday, June 6th, 2018 | 2:00 – 2:30 pm ET
The individualized Community Development Profile is a benefit of membership in the Federation. Not yet a member? Join today! For more information regarding membership in our network, please contact Jules Hebert, Membership Services Program Officer, at firstname.lastname@example.org.