As the housing market sector experienced a rollercoaster of leaps and dives in 2014, two credit unions managed to navigate through all of the upheavals.
The $73.6 million Community Resource Federal Credit Union in Lathan, N.Y., kept the refinance wave going for its members even as the lending channel dried up for other cooperatives.
The 6,700-member credit union closed June 2014 with roughly $18.2 million in first mortgage loans on its books, meriting a 188.53% increase, according to data analyzed by Callahan & Associates for CU Times.
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