Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Higher net interest income and lower loan loss provisions allowed credit unions to make a big gain in net income in the third quarter.

NCUA data released Thursday showed the nation’s 5,436 federally insured credit unions generated $3.8 billion in net income in the three months that ended Sept. 30, up 39.6% from 2017’s third quarter.

Jim DuPlessis

A journalist for decades.

More from this author

Dig Deeper

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.