Average Member Business Loan Balance Continues to Increase for Credit Unions

As the popularity of member business lending has increased, credit unions have been increasing the average balance of their member business loans. This number became very significant beginning in 2001 when the average credit union member business loan balance surpassed the average credit union first mortgage balance. In 2003, the average member business loan was $141,920.

 
 

As the popularity of member business lending has increased, credit unions have been increasing the average balance of their member business loans. This number became very significant beginning in 2001 when the average credit union member business loan balance surpassed the average credit union first mortgage balance. In 2003, the average member business loan was $141,920.