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Compared to banks, credit unions are holding their own when it comes to keeping member business loan delinquencies and charge-offs at a minimum.

The MBL delinquency rate for all banks was 6.97% while CUs showed 5.31%, according to Dec. 31, 2009 NCUA and FDIC data analyzed by CU Business Group, a business lending CUSO that serves more than 320 CUs. Banks with less than $1 billion in assets had total MBL delinquencies of 6.19%. For the same period, CUs had total MBL charge-offs of 0.65% while all banks showed 2.45%. Banks with less than $1 billion in assets had 1.59%. All figures represent percentages of net MBLs outstanding as of Dec. 31, 2009, CUBG noted.

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