Positive trends for credit unions in Q1. (Source: Shutterstock)
Credit union net income rose in the first quarter despite falling loan originations as net interest income swelled and loan quality improved.
NCUA data released Thursday showed that the nation's 5,335 federally insured credit unions generated $3.5 billion in net income during the three months that ended March 31, up 11.9% from 2018's first quarter.
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