Lending

Credit unions can bring consumers something other lenders can't – delivering the credit union difference with a human touch.

Credit unions on average are serving just 4.5% of their membership base with mortgage loans.

They are also honing online tools to stay competitive in the mortgage lending area.

A recession is not certain, but seems much more likely by 2021.

Refinances were 40% of originations in the third quarter, up from 19% in 2018's third quarter.

"I would say that credit unions have lost their way in small business lending in today's low interest rate environment."