MBL Peel-Back Reveals Fewer Delinquencies: Onsite Coverage
Looking at even the worst-performing member business lending portfolios, credit unions still have low delinquency rates.
CU Business Group LLC discovered that after reviewing NCUA data as of Dec. 31, 2010. At the end of last year, there were 2,136 CUs with MBLs on their books. The overall average percentage of delinquencies for all CUs was 5.55%.