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Nearly One-Third of California CUs Report Negative 1st Quarter ROA
By Heather AndersonSACRAMENTO -- Nearly one-third of all California based credit unions had negative ROA during the 1st quarter 2008, according to statistics from The Watch Report, a credit union data service from Forest Grove, Ore.-based Bartoo Associates. That number, 32.59%, has more than doubled from 1st quarter 2007, when only 15.80%...