Despite strong profits and low delinquencies, credit unions in general aren't warming to private student lending.
While the Urban Institute calls the statistic alarming, it says the ratio is not a new trend.
Washington credit unions took a hit to capital during the corporate credit union and financial crisis like everyone else, but it hit them harder because they had lower aggregate capital to begin with. Thankfully, the aptly named Evergreen State credit unions also have return on assets that has remained higher...
TransUnion reports a 0.33% auto loan delinquency rate in second quarter.
The key financial indicators of Kentucky credit unions are positive, yet conservative. And that’s just how they like it in the Bluegrass State.