FDIC-insured savings associations reported net income of $3.6 billion for 2002:IQ. This was an increase of $739 million (24.5%) from a year earlier. Compared to the previous quarter, however, it amounted to a decrease of $76 million.
Suggested citation: "Savings Associations," Federal Reserve Bank of Cleveland, Economic Trends, no. 02-08, pp. 16-17, 08.01.2002.