Research analyst Bob Leshchyshen has published his third annual survey comparing financial results of credit union systems with chartered banks and financial institutions.

The survey compares the 2005 financial results of credit unions, Canada’s largest chartered banks, Canadian financial institutions and the 10 largest credit unions in the United States.

With the inclusion of the top 100 caisses populaires, Leshchyshen says the survey 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 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 their major competitors in their region and throughout the whole country,” says Leshchyshen, a financial analyst with over 25 years of experience in the credit union system.

The survey provides extensive financial comparisons between credit unions, caisses populaires, chartered banks and financial institution includes asset growth and profitability, deposit and loan portfolio, operating results, capital ratios. It also highlights some of the future challenges and trends facing the credit union system.

Details about the survey and past surveys are posted on Leshchyshen’s web site at www.canadiancreditunion.ca.

The site has been specifically created to provide independent analysis of the Canadian credit union movement and highlights the movement’s financial successes and challenges.