Member Business Lending Data: Infographics Slide Show
Perhaps reflective of the overall economy, after steadily climbing for the past few years average member business loan balances among U.S. credit unions fell slightly in the 12-month period ending March 31, according to Peer-to-Peer data from Callahan & Associates.
Some of the largest portfolios are held by credit unions with relatively small memberships but large asset bases.
Meanwhile, outstanding member business loans as a percentage of outstanding total loans continued a steady incline, according to the same data.
The largest member business loan portfolios in terms of outstanding balances are held by the 25,000-member, $1.4 billion Melrose Credit Union in New York and the 12,000-member, $1.2 billion Evangelical Christian Credit Union in California.
These tables also appeared in the Aug. 31 print edition of Credit Union Times.