Fourteen percent of 55- to 59-year-olds are self-employed.
When it comes to homeownership, consumers desire financing options that are flexible and create financial stability.
Despite challenges, this report from the Filene Research Report, offered exclusively for CU Times readers, argues credit unions need to be in housing finance.
Over the past 24 years, when banks were pulling back on lending to businesses, it appears credit unions were quietly and consistently stepping in to fill the void.
Researchers find some increased cost efficiencies, lower loan rates and higher deposit rates.