The business of lending is changing.

Credit union loan growth is staying strong in 2018, increasing at a faster rate than last year. This is welcome news for credit unions, as lending likely is a vital component of their service offerings and overall growth strategy. With advances in technology, the lending space is constantly evolving to become faster and more efficient – as a byproduct, it’s also becoming more competitive.

Looking ahead to the second half of the year and beyond, here’s what credit unions can expect in the lending space.

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