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Small Core of CUs Hold Problem MBLs

After doing an analysis of member business loan data, CU Business Group discovered that 50% of delinquencies are concentrated in 18 of the 698 credit unions that hold 95% of all MBL dollars.

By Michelle A. Samaad | Updated on December 16, 2009

After doing an analysis of member business loan data, CU Business Group discovered that 50% of delinquencies are concentrated in 18 of the 698 credit unions that hold 95% of all MBL dollars.

NCUA 5300 June 30 report statistics showed that 84% of MBL delinquencies and 91% of MBL charge-offs reside in the portfolios of just 100 credit unions, CUBG found.

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