Bar graph showing earning falling for mid-sized credit unions in the second quarter of 2022.

Not much changed from the first quarter to the second if you look at the broad sweep of results from the 4,956 credit unions included in the NCUA’s second quarter data it posted Wednesday.

Annualized returns on average assets (ROA) fell only slightly from 0.89% in the first quarter to 0.84% in the second quarter.

But a closer look showed a quarter with an unusually high number of mid-size credit unions reporting substantial losses.

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Jim DuPlessis

A journalist for decades.

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