As with other DIs, profits or return on assets (ROA) is the primary goal of credit union management.

Question

Quizplus · Accepted Answer

Credit unions are not-for-profit financial cooperatives, meaning their primary goal is not to maximize profits but rather to provide affordable financial services to their members. While credit unions must still generate income to cover expenses and maintain financial stability, their focus is on serving their members rather than generating profits for shareholders.

As with Other DIs, Profits or Return on Assets (ROA)