LSCU COOP / Cooperative Initiatives / Small Asset Size Credit Union Program

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 $50 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
  • Assistance with ACH 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

Platinum

Gold

Bronze