05-CU-11 / September 2005
Credit Union Financial Trends for the First Half of 2005
Federally Insured Credit Unions
State of the Industry
DEAR BOARD OF DIRECTORS:
Enclosed is a report highlighting credit union financial trends for the first half of 2005. We based our analysis on data compiled from the June 2005 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.
Thank you for your cooperation in providing this data.