Business lending as a percentage of total loans at credit unionshas increased 53.1% since 2006.

That's according to SNL Financial, a firm that tracks rates atfinancial institutions. Total loans were $27.48 billion in 2006,increasing to $40.53 billion in 2009 despite the recession.

Since 2009, the amount the dollar amount of total business loans has fluctuated, from $38.58 billion in 2010 andagain increasing to $41.64 billion in the second quarter of thisyear.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 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.