Credit unions showed improvements in several key indicators during the first quarter of the year, the NCUA reported.

Return on average assets reached 74 basis points, a sharp increase from 51 basis points year-end 2010.

CUNA Chief Economist Bill Hampel said his association is projecting ROA will be 60 basis points by year-end, after the NCUA announces the premium to cover the costs of rescuing corporate credit unions.

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