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Credit unions that participate in member business lending, a full 35.9% of the industry, posted 15.2% year-over-year growth, and total MBL balances hit a record high of $62.7 billion as of March 31, 2017.
Credit unions lent $461.2 billion throughout 2016, surpassing 2015 totals by 12.3%. See how top, middle, and lagging performers differed.
Five can't-miss data points featured this week on CreditUnions.com.
Twenty-eight graphs, charts, and maps that evaluate credit union performance in the fourth quarter of 2016.
Non-member deposits join indirect lending, MBLs, and loan participations as liquidity strategies.
The strong lending growth posted by U.S. credit unions in fourth quarter 2016 is an apt wrap-up for a successful year.
Credit unions originated $343.6 billion through third quarter 2016 — that's an all-time record. See which areas contributed to this double-digit year-over-year growth.
Fourth quarter trends suggest credit unions will break MBL records.
Five lessons in setting short- and long-term goals.
The benefits are endless!