Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PHOENIX – There are still four months remaining to the end of 2005, but already Desert Schools FCU has added more than $1 billion in loans to its loan portfolio. Desert Schools VP and Chief Lending Officer Robin O’Rorke said the CU achieved its biggest lending month ever in its 66-year history in August when it surpassed $212 million in new loans just for that month. The $2.4 billion credit union attributes its loan portfolio growth to the booming housing market in the area and a diverse portfolio of new lending products including interest-only home equity options, refinancing programs like Master Mortgage, and Desert Schools’ Business Services geared to assist small businesses more efficiently obtain loans. In addition, through the more than 200 dealers it has relations with, Desert Schools continues to dominate automobile and motorcycle lending in Arizona.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.