DATE:       April 2002                                                   LETTER NO.:  02-CU-01

TO:            Federally Insured Credit Unions

SUBJ:      Financial Trends in Federally Insured Credit Unions

ENCL:       January 1, 2001 - September 30, 2001 Financial Trends

DEAR BOARD OF DIRECTORS:

Enclosed for your information and use is a report discussing financial trends for the third quarter of 2001.  This report was compiled from the call report data submitted as of September 30, 2001, by credit unions with assets greater than $50 million.

Thank you for your cooperation in providing this data.

 

                                                                        Sincerely,

                                                                           /S/

                                                                        Dennis Dollar
                                                                        Chairman

Enclosure

---

(due to the complexity of the enclosed report, it is only available in PDF format)