eResearch

eResearch

July 11, 2007 08:00 ET

Fourth Annual Survey Compares Financial Results of Credit Union System to Chartered Banks and Financial Institutions

TORONTO, ONTARIO--(Marketwire - July 11, 2007) -

Attention Business Editors:

Bob Leshchyshen has published his fourth annual SURVEY OF THE LARGEST CANADIAN CREDIT UNIONS' 2006 FINANCIAL RESULTS!

The Survey compares the financial results of credit unions, Canada's largest chartered banks, Canadian financial institutions and the 10 largest credit unions in the United States and is the most comprehensive report of the Credit Union System in Canada!

"My goal is to provide the financial community with the most accurate picture of where Canadian credit unions stand in relation to each other and the other major financial institutions in Canada. Credit unions can benchmark their financial results and services offered against each other by province and compare their results to the major non-credit union competitors." said Bob Leshchyshen, a financial equity analyst with over 30 years of experience in the financial services industry.

The fourth annual SURVEY OF THE LARGEST CANADIAN CREDIT UNIONS' 2006 FINANCIAL RESULTS provides extensive financial comparisons between credit unions, chartered banks and financial institutions includes asset growth and profitability, deposit and loan portfolio, operating results, capital ratios.

To purchase a copy of the 2006 survey and review past surveys, visit my website: www.canadiancreditunion.ca . This website has been specifically created to provide independent analysis of the Canadian credit union movement and highlights the movement's financial successes and challenges.

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