Wisconsin credit unions reported a steep rise in combined net income for the first quarter of 2012, up 77.5 percent over the same period last year and 21.4 percent from the previous quarter.
Wisconsin’s 199 state-chartered credit unions reported $49.4 million in net income, according to data from the state Department of Financial Institutions. Total assets also rose 4.4 percent to $22.8 billion for the quarter. Read more in today’s BizTimes Money Weekly.