86 Percent of CUs Reported Positive Net Income as of Q1 2019

The percentage of federally insured credit unions that were profitable in the first quarter of 2019 grew compared to a year ago.

At the end of the first quarter of 2019, 86 percent of all federally insured credit unions reported positive net income, according to the National Credit Union Administration. In comparison, 83 percent of federally insured credit unions had positive net income a year earlier.

There is a positive relationship between asset size and a credit union reporting net income.

The following table shows the number and percent of credit unions reporting positive net income by asset size groups.