Wisconsin Banking Update
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Wis. Credit Union Earnings Down 19%
Posted on March 6th, 2009 No commentsEarnings at Wisconsin’s credit unions dropped more than 19 percent last year as the institutions beefed up reserves to cover loans that could go bad, a new report by state regulators shows. Net income for credit unions in 2008 was $91.2 million compared with $112.9 million a year earlier, the Milwaukee Journal Sentinel reported. See the Wisconsin State Journal as well.
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