If a credit unions net interest margin, which was 2.50 percent, increases 10 percent and its total

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If a credit union’s net interest margin, which was 2.50 percent, increases 10 percent and its total assets, which stood originally at $575 million, rise by 20 percent, what change will occur in the bank's net interest income?

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Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Question Posted: Oct 31, 2014 10:33 AM

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If a credit unions net interest margin, which was 2.50 percent, increases 10 percent and its total

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