As business lending heats up, credit unions must closely monitor every risk to avoid wounding portfolios for years to come.
CU Business Group CEO tells credit unions businesses with $5 million or more in annual sales make the best business members.
Most of the 12 Fed districts report steady to strong CRE activity so far this year.
Commercial real estate activity continued to improve across most of the 12 Federal Reserve Board districts.
No significant increases in any of the 12 Fed districts.
Nearly seven years after Whatcom Educational Department Credit Union expanded its business services department, the CU is tasting the fruits of its labor.
With the exception of San Francisco and Dallas, where lenders reported an increase in commercial real estate leases, other major cities are still experiencing sluggish conditions.