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ALEXANDRIA, Va. – NCUA’s 2005 Annual Report showed the agency making gains in revenues, net income, and the insurance fund’s equity ratio but CAMEL 4/5 credit unions continue to grow.

NCUA’s operating fee revenue was up to $62 million in 2005 over $50.7 million in 2004; total revenues came to $63.5 million for 2005 as opposed to $51.4 million the previous year. Expenses were up a bit from $133.5 million to $138.3 million between 2004 and 2005. However, net income at the same time was up from $2.3 million to $4.0 million.

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