State of the System Report
The State of the System Report highlights the sector’s 2020 financial results and demonstrates how the credit union system in Canada continues to change
CCUA recently shared a Credit Union System Overview report, highlighting key financial developments in the credit union system over the past year. Current data indicate that credit unions have remained financially stable during these unprecedented times. Year-to-date earnings are positive and heading towards record breaking profits by year-end 2021. Data also indicate that we have a demographic challenge, and together our system has work to do to attract new members from a younger cohort.
Access the full report here.