Lending

As banks and other competitors make their way back into the business lending marketplace, credit unions appear to be holding their own with an increase in loan approval rates.

As banks and other competitors make their way back into the business lending marketplace, credit unions appear to be holding their own with an increase in loan approval rates.

While many credit unions continue seeking ways to boost their loan portfolios, Augusta Metro Federal Credit Union said it experienced a 23.81% increase in loan growth over a 12-month period.

For the second consecutive year, HarborOne Credit Union said it has received Massachusetts Credit Union Lender of the Year award from the SBA.

No significant increases in any of the 12 Fed districts.

No significant increases in any of the 12 Fed districts.