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Determinants of recent structural change for small asset U.S. credit unions

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Listed:
  • Gregory McKee

    (North Dakota State University)

  • Albert Kagan

    (Concordia College)

Abstract

Credit union numbers in the United States have declined since 1969. Changes in financial performance of U.S. credit unions have contributed to this decline. This paper discusses how small asset credit unions income, deposits, and loans have evolved during the period 1994–2011, with particular emphasis on 2008–2011. The effect of asset growth on credit unions with below $10 million in assets is distinct when compared with average asset sized U.S. credit unions . These credit unions face structural barriers to increase assets and will require unique managerial responses to macroeconomic changes in order to continue to provide member focused financial services profitably.

Suggested Citation

  • Gregory McKee & Albert Kagan, 2016. "Determinants of recent structural change for small asset U.S. credit unions," Review of Quantitative Finance and Accounting, Springer, vol. 47(3), pages 775-795, October.
    • Handle: RePEc:kap:rqfnac:v:47:y:2016:i:3:d:10.1007_s11156-015-0520-6
    DOI: 10.1007/s11156-015-0520-6
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    7. Jalal El Fadil & Helyoth Hessou, 2024. "Performance and Assets and Liabilities Management in the U.S. Credit Union," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 14(1), pages 1-6.

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    More about this item

    Keywords

    Credit union; Panel data; Financial performance; Small business; Cooperatives;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise

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