97-CU-04 / April 1997
Credit union financial trends during 1996
Board of Directors
State of the Industry
DEAR BOARD OF DIRECTORS:
Enclosed is a report highlighting credit union financial trends during 1996. The analysis is based on data compiled from the yearend 1996 Call Reports submitted by all federally insured credit unions. We are providing this information to keep you informed of current conditions and trends in the credit union industry.
For the National Credit Union Administration Board,
NORMAN E. D'AMOURS