Credit union net income down 3.8%: FSOC Report

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by. Nicholas BallasyAnnual net income at credit unions declined 3.8% in 2013 to $8.14 billion from the previous year, according to the Financial Stability Oversight Council’s annual report released Wednesday.“A key concern for the industry is ongoing challenges related to the low interest rate environment and the eventual transition process to a higher rate environment, potentially with a flatter yield curve,” the report said. continue reading »last_img

Leave a Reply

Your email address will not be published. Required fields are marked *