APPLE VALLEY, Calif. – The plethora of houses going up here has been a boon for High Desert FCU’s construction lending program. Fifty-four percent of the $133 million credit union’s loan portfolio has come from construction loans, the Desert Dispatch recently reported. Its construction lending service has given it the second highest return on average assets in the nation for its class, Tom Brown, president/CEO told the publication. “It’s our hedgehog, it’s what we do best,” Brown said. “We do everything else most credit unions do but it’s our bread and butter,” he added referring to construction loans. High Desert FCU, which serves nearly 13,000 members, also offers construction loans to homeowners through credit unions that are not currently offering those types of loans, Brown said.

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