The tenth annual Analysis of Canada’s Largest Credit Unions based on 2012 Audited Financial Statements provides extensive financial comparisons of credit unions by province including asset growth and profitability, deposit and loan portfolio, operating results, capital ratios. The Analysis provides an overview of the Credit Unions’ participation in the mutual fund and on-line brokerage industries. The 2012 Analysis included 125 of the largest credit unions in Canada, outside of Quebec. The total assets of these credit unions grew by 8.1% from the previous year to $138.2 billion. The 25 largest credit unions represent 90.3% of the total movement assets. The largest Canadian Credit Unions returned about $164.9 million in dividends and patronage payments to their members or 22.4% of their net income before income taxes. Total capital stood at $9.2 billion, which represented 6.67% of its assets compared to 6.65% in 2011. The return on assets (ROA) decrease from 0.64% in 2011 to 0.55% in 2012, primarily due to reduced net interest margin as a % of average assets (from 2.54% in 2011 to 2.36% in 2012) and lower other (investment) income as a % of average assets ( from 0.85% in 2011 to 0.74% in 2012).