MBL: Fewer Late Loans
When looking at delinquencies, credit unions still have some of the lowest rates even among the worst performing business lending portfolios.
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%.