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CUNA has raised its estimate for net income this year, but has lowered it for next year even though it expects loan growth to rise to pre-pandemic levels.

CUNA’s Sept. 17 forecast estimated this year’s net income as a percent of average assets will be 0.95%, up from 0.85% in its previous forecast dated June 14. For 2022, it forecast ROA of 0.70%, down from 0.85% in its June 14 forecast.

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Jim DuPlessis

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