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Credit union business lending isn’t concentrated among the nation’s largest; it’s actually weighted to the center.

One example is GECU Credit Union of El Paso, Texas ($3.4 billion in assets, 399,106 members). GECU’s commercial loans on June 30 stood at $58.3 million, up 45% from a year earlier and accounting for 2% of total loans. Its total loans on June 30 were $2.6 billion, up 3%.

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Jim DuPlessis

A journalist for decades.

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