Wednesday, April 21, 2010

Fifty CUs with Largest CRE Loan Portfolios

At the end of 2009, federally-insured credit unions held approximately $27.6 billion in commercial real estate (CRE) loans. CRE loans accounted for almost 80 percent of all credit union business loans.

Below is a table showing the 50 credit unions with the largest CRE loan portfolios as of December 2009. The table also includes information on CRE loans as a percent of the credit union's net worth, which provides a measure of concentration risk at the credit union to commercial real estate (click to enlarge image).

Evangelical Christian CU (CA) held the top ranking and reported holding slightly more than $1 billion in commercial real estate loans at the end of 2009. Rounding out the top 5 are America First (UT) with $541 million in CRE loans, San Diego County (CA) with $469 million in CRE loans, Kinecta (CA) with almost $400 million in commercial mortgages, and Patelco (CA) with $381 million in CRE loans.

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