Lending

Economist says credit unions are providing an increasingly important role of bolstering "resilience" in the nation's financial system.

Consumer loan growth is slowing down while delinquencies are back to pre-pandemic levels.

MBA finds originations were less than half of those a year earlier, while a sample of NCUA data shows a smaller drop for CUs.

But Fed report shows credit card balances lagged growth rate for banks.

"This confirmation of tighter lending standards pushes recession odds even higher."

Relationships are everything for CU loan originators looking to boost sales amid high interest rates and low home inventories.