Since its 2003 launch, the San Bernardino, Calif.-based Member Business Services said it has reviewed $1.4 billion in member business loans.
|The loan growth of 25.6% was achieved by its core credit unions served for 2009, said Scott Burger, president/CEO. The CUs' MBL portfolios "performed well as compared to banking and credit union industry averages with business loan delinquencies of .76% reported at year-end 2009."
|The CUSO serves 20 credit unions and is owned by Arrowhead Credit Union, SCE FCU, USA FCU, CoastHills FCU, USC FCU and the California and Nevada Credit Union League.
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? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
