Financial Trends for the First Half of 2001

01-CU-13 / September 2001
Financial Trends for the First Half of 2001
To
Federally Insured Credit Unions
Subject
State of the Industry
Status
Active
To
Federally Insured Credit Unions
Subj
Financial Trends for the First Half of 2001

DEAR BOARD OF DIRECTORS:

Enclosed is a report highlighting credit union financial trends for the first half of 2001. We based our analysis on data compiled from the midyear 2001 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.

Sincerely,

/s/

Dennis Dollar

Chairman