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Holding up profit margins during an economic downturn. Source: Shutterstock.

Credit union earnings will be continue to be depressed over the next two years because of low interest rates and less non-interest income, according to CUNA’s latest forecast.

CUNA’s economic and credit union forecast released Feb. 12 expects the economy to improve much faster than it forecast in November, but it remains pessimistic about credit union margins.

Jim DuPlessis

A journalist for decades.

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