... we are bigger than just North Carolina.
Commenter (2/8/2025): Re: Earlier 2/8 post - "Those credit unions are in the same state, but are not our peer group. False comparison, stop being judgmental."
😎 Okay, then try NCUA official peer group:
✅ 10 largest Credit Unions in U.S.: (over 3 years)
12/21 Dep. 12/24 Dep. Change
1) NavyFed $127.8 bil. $151.8 bil. +$24 bil.
2) SECU $47.3bil. $47.4bil. +$100 mil.
3) Pentagon $23.1bil. $27.1bil. +$4 bil
4) SchoolsFirst $23.8bil. $26.8bil +$3 bil.
5) Boeing $26.1bil. $25.1bil -$1 bil.**
6) Golden 1 $16.5bil. $17.7bil. +$2.2 bil.
7) America First $15.1bil. $19.1bil. +$4 bil.
8) Alliant $12.8bil. $16bil. +$3.2 bil
9) Mt. America $12.4bil. $17.9bil. +$5.5 bil
10) Suncoast $13.2bil. $15.8bil. +$2.6 bil.
** Boeing CU experienced side-effects from sponsor company snafus. [link] [link] [link].
SECU... Peerless?
Was asked how difficulties at Boeing might have affected Boeing Employees Credit Union...
ReplyDelete"In 2024, Boeing announced plans to reduce its global workforce by approximately 10%, equating to about 17,000 positions, as part of a restructuring strategy to address financial challenges and operational inefficiencies. "
And, the change in Boeing stock price: 1-yr down -12.99% over last 5-yrs down -46.84%
But if in doubt, make up your own ... Boeing and SECU do appear to be exceptional in this one national measure.... as was true in the NC group with SECU..
Deletethat's what happens when your leadership allows bad decisions to fester ...
Deletethe next thing you know the doors are falling off !
Where is the board on this? Do they receive these numbers, or are they just fed whatever the executive team wants them to see? What on earth is going on in that board room? or is it nothing going on? Rubberstamps must have been handed out when Mike Lord retired.
ReplyDelete