When looking at delinquencies, credit unions still have some of the lowest rates even among the worst performing business lending portfolios.
PORTLAND, Ore. — During a recent afternoon session on working with government agency loan programs, as two speakers acknowledged that there can be a corn maze of forms, deadlines and updates, someone in the back of the room felt compelled to interrupt.
How do credit unions know how well their business deposit programs are doing? To offer a gauge, CU Business Group LLC’s new Business Deposit Benchmarking Survey collected data from 41 credit unions in asset sizes ranging from $100 million to $4.5 billion.
Looking at even the worst-performing member business lending portfolios, credit unions still have low delinquency rates.
PORTLAND, Ore. — Buying and selling loans on the SBA secondary market is still unfamiliar territory for many credit unions.
Group takes on the question of commercial real estates and credit unions.
To say the battle to increase the member business lending cap has been an arduous one for the credit union industry would be an understatement.
As credit unions continue the battle to get the member business lending cap increased, some CUSOs say they are in it for the long haul.
While vacancies in office and retail space remain high, apartments and multifamily units are making a comeback in the commercial real estate market, one real estate expert noted.
The closure of four of its branches has not stopped North Island Credit Union from retaining relationships with business members.