45 Percent of CUs Reported Higher Earnings Than A Year Ago

For the first quarter of 2014, 2997 credit unions reported higher net income than for the same time period in 2013.

Slightly fewer credit unions, 2,965, reported improved profitability year-over-year, when measured by return on average assets (ROA).

The following table shows the number of credit unions by asset size reporting higher earnings or ROA for the first quarter of 2014 compared to the same time period last year.