The nation’s 10 largest credit unions fared well last summer, generating $638 million in net income during the three months that ended Sept. 30, up 23.1% from 2016′s third quarter despite higher loan loss provisions.

The NCUA quarterly statements for the credit unions with the largest total assets reflected the slowdown in mortgage lending and increase in car lending seen in earlier reports.

Jim DuPlessis

A journalist for decades.

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