Earnings Fall for Top 10 Credit Unions in Q2

Interest margins and operating income fall as charge-offs rise for the nation's largest credit unions.

By Jim DuPlessis | July 31, 2023 at 05:26 PM

The us dollar against the background of a declining chart. U.S. economy. The economic crisis in America. Decrease in profit. Recession.

The nation's 10 largest credit unions generated lower net income in the second quarter than in the first quarter because of lower net interest income, lower operating income and higher loan loss provisions.

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