Top 10 Income Falls in Q4 as Loan Quality Deteriorates

Loan originations also continue dwindling for first mortgages and consumer loans.

By Jim DuPlessis | February 06, 2024 at 04:00 PM

Inflation, dollar hyperinflation with black background. One dollar bill is sprayed in the hand of a man on a black background. The concept of decreasing purchasing power, inflation

The nation's largest credit unions lost ground again on net income as loan quality deteriorated in the fourth quarter, but they held onto their net interest margins even as borrowings rose from September to December.

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Loan Portfolios Shrink for Third Month in a Row

By Jim DuPlessis | May 10, 2024

America's Credit Unions report also shows total car loans fell from their year-ago level, another first since at least 2014.

Loan Portfolios Shrink for Third Month in a Row

Jovia Financial Launches Commercial Lending CUSO

By Natasha Chilingerian | May 08, 2024

The CUSO serves small financial institutions nationwide, with exclusive services for those in the New York City Metro area.

Jovia Financial Launches Commercial Lending CUSO

Credit Unions Still Gaining in Consumer Loans

By Jim DuPlessis | May 08, 2024

But the pace of balance growth is slowing for credit unions, and for all lenders auto loan growth is the slowest in years.

Credit Unions Still Gaining in Consumer Loans

FAQs: Using Data for Predictions in Credit Unions link

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