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chart showing economic stress happening for smaller credit unions

Credit union income remained remarkably healthy overall in the third quarter, but signs of distress are rising among smaller credit unions.

The nation’s 5,244 credit unions earned $3.6 billion in the three months ending Sept. 30, down 7% as interest income contracted and loan loss provisions rose, according to a CU Times analysis of NCUA quarterly data released Dec. 4.

Jim DuPlessis

A journalist for decades.

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