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Benefits of a CUSO-Sourced Loan Program

Utilizing a CUSO as a third-party resource can help CUs take their CRE lending portfolio and service offerings to the next level.

By Craig Page | December 30, 2019 at 11:54 AM
Commercial real estate

With the overaching mission of people helping people at the forefront of their business model, credit unions are squarely focused on caring for each one of their members. Achieving this goal includes building a healthy and diversified member business lending portfolio that supports the goals of the credit union and mitigates unforeseen risk.

In 2019, roughly 5,000 credit unions throughout the U.S. held over one trillion U.S. dollars in total assets (source: Statista), a notable chunk of the country’s overall banking assets and one that is expanding rapidly. Over the past decade, credit unions have grown their assets at nearly twice the rate of banks, as reported by the Wall Street Journal.

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