SHREWSBURY, N.J. – Capital. Many credit unions are struggling to build it, others crave more of it, but some credit unions are awash in capital. Does it make sense? Shouldn't credit unions be using their excess capital to invest in new products, services, facilities, or be doing everything possible to lend more money out. The capital level industry-wide is 11.4%, but many CUs are in the 20-30% range. Some say they do it in preparation of taxation, while others say it's the nature of the beast of their business model Credit Union Times offers this in-depth look at credit unions with high capital levels and their capital philosophies and strategies.
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