WASHINGTON – CUNA reported a $2.5 million operating margin for 2012, up from $1.6 million in 2011.

That accounts for $52.4 million in revenue and $49.9 million in expenses.

Last year’s net helped CUNA build its net assets, or reserves, to $13.7 million, from $11.2 million at year-end 2011.

CUNA projects revenue of $53.8 million, with $25.4 million of that coming from dues, $24.1 million from fees based services and $4.3 million from other sources.


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