Industry HealthScore

Glatt Consulting’s Credit Union Industry HealthScore is a composite financial performance score reflecting the financial health of US-based credit unions. The HealthScore system calculates overall credit union health by scoring/grading credit union performance across seventeen different key ratios on a ten-point scale with ten indicating the highest possible performance. The HealthScore is published quarterly and is used by Glatt Consulting, individual credit unions, and media professionals alike to track, report on, and respond to industry-wide trends affecting credit union health.

The current HealthScore, updated to include 3rd quarter 2019 credit union performance data, is 5.964.

HealthScore Resources

Report Subscriptions

We offer a complimentary custom report subscription for individual credit unions. Reports highlight score trends and showcase top performing peer credit unions. Subscribe now

Score Trends

We maintain a series of charts that illustrate year-over-year changes in the HealthScore and in each of the 17 component scores making up the HealthScore. View the latest charts

HealthScore News

We regularly post HealthScore articles and analysis to our GC news page. Stay up-to-date on what've we've learned about the industry by browsing our article archives. View the latest updates

Score Background and History

Glatt Consulting’s HealthScore was an outcome of a Glatt Consulting client merger project. In 2007 we were asked by a client greatly impacted by the recession to help them quickly identify and rank the overall “health” of potential merger candidates. Their desire was to find a partner healthy enough to take on the challenges of the credit union’s increasingly risky balance sheet, and that could continue to provide good service to the credit union’s members. We created a rudimentary scoring system that allowed us to determine the relative health of potential partners, and to rank their “fit” given the credit union’s objectives.

Since that time we have fine-tuned the scoring model and system and have used it in a variety of client projects. To-date our HealthScore has been used to support the development of credit union merger strategy, as a reference tool for client strategy planning and assessment, for CEO performance evaluation criteria, as a means for credit unions to track and evaluate competitors, for general market assessment – and more.

Interested in learning more about how to use the score at your credit union? Give us a call at (888) 217-5988.