Three quarters of the respondents to NAFCU's Flash survey said they wanted limits on who could invest in their secondary capital and 46.5% of them wanted secondary capital restricted to members of that credit union.
The survey also found that 86.2% of those asked wouldn't favor creating secondary capital if it meant the elimination of credit unions' tax-exempt status.
Most also said that in light of the current recession, it was "unlikely" that outside investors would be interested in injecting capital in credit unions.
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Survey respondents reported that February's year-over-year loan growth was 12.7%, down from January's rate of 13.5%.
Real estate lending was the largest source of loan growth, although there was a decline from January to February. First-mortgage growth was .6% in February, compared with .8% in January. Home equity/second mortgage loan demand fell to -.6%.
Respondents reported that year-over-year vehicle loan demand increased by .9% in February, up from .4% in January.
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