Small Asset Size Credit Union Program

In today’s competitive marketplace, small credit unions are faced with a variety of challenges. The SAS Credit Union program is designed to facilitate growth and provide solutions to the challenges impeding growth for credit unions $35 million and under. Available assistance includes:

• CU Initiative Account
• Guidance in resolving Document of Resolution items and/or other issues revealed by exams and audits
• Analysis of member usage of products/services
• Suggestions to improve operational efficiencies
• Suggestions to enhance member utilization of credit union
• Facilitation of strategic planning sessions/development of business plans
• Support in determining feasibility of field of membership expansion and guidance on regulatory requirements
• Budget development
• Assistance with Bank Secrecy Act risk assessments

SAS Toolkit

The Small Asset Size Credit Union Toolkit is a valuable, ever-expanding resource containing budget, business plan, financial education and financial projection templates, questionnaires, sample presentations and best practices studies.

Custom Performance Report

Each affiliated credit union under $35 million in assets will receive a custom performance report on a quarterly basis. The 35+ page financial analysis will help credit unions assess their performance through peer comparisons in their state, peers in NCUA Region 3 and national peers. The report also includes a five-year financial comparison for the credit union. Key performance areas are highlighted with graphs and questions to consider.

The key performance areas are:

• Growth trends
• Earnings
• Loans
• Shares
• Operating expenses
• Fee and other income
• Net worth
• Liquidity trends
• Productivity measures
• Investment performance
• Net interest margin