These 10 credit union leaders in 12-month real estate growth outstanding demonstrate that credit unions can establish a place in the mortgage market. These institutions not only surpassed the industry average of 0.54% annualized growth in real estate loans outstanding but also bucked delinquency trends, at levels far lower than the 2.03% industry standard among similar peer groups. Several candidates featured in the list boast an amazing 0.00% reportable delinquency in their real estate loan portfolio.
Note: Credit unions must have at least $1 million in mortgages outstanding five years ago and $5 million outstanding this year.
| Leaders In 12-Month Growth Of Real Estate Loans Outstanding |
| Data as of June 30, 2010 | Credit Unions over $20M in Assets |
| 1 |
NIZARI PROGRESSIVE |
TX |
1622.48% |
$9,324,454 |
21.13% |
0.00% |
$7,517,440 |
$82,326,008 |
| 2 |
TEXAS TECH |
TX |
235.04% |
$13,294,583 |
29.39% |
0.00% |
$2,015,503 |
$69,994,591 |
| 3 |
WAILUKU |
HI |
174.69% |
$21,134,788 |
75.13% |
0.77% |
$3,246,952 |
$38,106,325 |
| 4 |
TEXELL |
TX |
155.84% |
$21,861,827 |
20.40% |
0.00% |
$9,306,599 |
$139,167,772 |
| 5 |
PEF |
OH |
143.20% |
$11,320,040 |
64.80% |
2.07% |
$547,450 |
$29,985,773 |
| 6 |
BVA |
PA |
138.61% |
$11,928,844 |
68.65% |
0.00% |
$2,704,849 |
$27,084,973 |
| 7 |
AMERICAN BELL |
LA |
116.72% |
$6,656,579 |
35.27% |
0.00% |
$0 |
$21,287,977 |
| 8 |
FREESTONE |
TX |
108.04% |
$5,916,347 |
42.69% |
0.00% |
$1,407,416 |
$34,239,277 |
| 9 |
CHICAGO MUNICIPAL EMPL |
IL |
92.52% |
$7,725,096 |
35.68% |
0.60% |
$2,173,120 |
$33,089,490 |
| 10 |
ARTESIA |
NM |
84.06% |
$8,429,582 |
18.78% |
0.00% |
$458,900 |
$70,202,310 |