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Financial Performance: Central 1 Credit Union reported a net income of $21.4 million for Q2 2025, up from $13.1 million in Q2 2024, with adjusted net income also increasing to $22.3 million.
Core Business Focus: The credit union has shifted its focus back to core payments and treasury operations after transferring digital banking to Intellect Design, leading to significant investments aimed at growth and innovation.
Treasury and Payments Results: The Treasury business saw a net income increase to $25.3 million, while the Payments sector reported a net loss of $5.7 million due to higher expenses related to strategic investments.
Total Assets Growth: As of June 30, 2025, Central 1's total assets grew to $10.4 billion, reflecting an increase from $10.0 billion at the end of 2024.
