Date: January 2003
Letter No.: 03-CU-02
TO: Federally Insured Credit Unions
SUBJ: Credit Union Financial Trends for the Third Quarter of 2002
ENCL:Financial Trends in Federally Insured Credit Unions
January 1, 2002 to September 30, 2002
DEAR BOARD OF DIRECTORS:
Enclosed is a report highlighting credit union financial trends for the third quarter of 2002. We based our analysis on data compiled from the third quarter 2002 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