Perhaps reflective of the overall economy, after steadilyclimbing for the past few years average member business loanbalances among U.S. credit unions fell slightly inthe 12-month period ending March 31, according toPeer-to-Peer data from Callahan & Associates.
|Some of the largest portfolios are held by credit unions withrelatively small memberships but large asset bases.
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Meanwhile, outstanding member business loans as a percentage ofoutstanding total loans continued a steady incline, according tothe same data.
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The largest member business loan portfolios in terms ofoutstanding balances are held by the 25,000-member, $1.4 billionMelrose Credit Union in New York and the 12,000-member, $1.2billion Evangelical Christian Credit Union in California.
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These tables also appeared in the Aug. 31 print editionof Credit Union Times.
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