Wednesday, October 25, 2023

The 10 Largest US Credit Unions Posted Total Smoothed Net Income of $4,391 Mil in Annual 2022. But Not Included in 2022 Net Income Was Their Estimated Total Economic Losses of a Massive $8,760 Mil From the Annual 2022 Decline in the Fair Market Value of Their Available-For-Sale Debt Investment Securities. In Addition, Also Not Included in 2022 Net Income Was Their Estimated Total Economic Losses of $1,193 Mil From the Annual 2022 Decline in the Fair Market Value of Their Held-to-Maturity Debt Investment Securities.

From iBanknet, the table below shows the Audited Smoothed Net Income in annual 2022 and also the huge Estimated Economic Losses from the annual 2022 decline in the Fair Market Values of both their Available-For-Sale and their Held-to-Maturity Debt Investment Securities of each of the 10 largest in Total Assets US Credit Unions.