Although the number of Wisconsin credit unions continues to shrink, the industry's overall membership surpassed the 3 million mark for the first time in 2017 and its earnings continued to grow.
State-chartered credit unions posted net income of $372.4 million last year, or 13.1% more than $329.2 million in 2016, according to the Wisconsin Department of Financial Institutions.
Total loans credit union loans were $27.2 billion, up 11.5% from $24.4 billion.
All of the top 10 largest credit unions in the state posted earnings gains, with eight of them recording double-digit percentage increases over 2016.
Read more in the Appleton Post Crescent.