04-CU-15 / December 2004
Credit Union Financial Trends for the Third Quarter of 2004
Federally Insured Credit Unions
State of the Industry
DEAR BOARD OF DIRECTORS:
Enclosed is a report highlighting credit union financial trends for the first three quarters of 2004. We based our analysis on data compiled from the third quarter 2004 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.