Credit unions with $1 billion to $4 billion in assets see earnings fall significantly from the first to the second quarter.
The 12-month average of median monthly earnings was 6.8% higher in 2021 than in 2019.
Credit union consultant says some credit unions will pay the price for long-term investments in a low-rate environment.
Sponsored by Alacriti
Download this white paper and learn how to prepare your credit union for the upcoming FedNowSM Service scheduled to launch in 2023, as well as the answers to commonly asked questions from credit unions.
Sponsored by PCBB
Download this guide and learn about how the right hedging strategy can fulfill the needs of both your commercial borrowers and your credit union, while also reducing volatility caused by sudden changes in interest rates.
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.
Copyright © 2022 ALM Global, LLC. All Rights Reserved.