Thursday, May 12, 2011

CUs with the Most Delinquent Business Loans in 2010

The following table (click to enlarge) provides a ranking of the credit unions with the largest dollar volume of delinquent member business loans.

At the end of 2010, America First reported the largest dollar volume of delinquent (60 days or more past due) member business loans at $122 million. Approximately 31 percent of its member business loans were delinquent and of those delinquent member business loans almost two-thirds were over 12 months past due.

Other credit unions with sizeable amount of delinquent member business loans (over $30 million) include Evangelical Christian Credit Union, Desert Schools FCU, Kinecta, Texans CU, Space Coast CU, and Telesis Community CU.

Posted by at
Labels: ,

2 comments:

  1. AnonymousJune 17, 2011 at 10:28 PM

    You'll need to requery this one. NCUA published that there was an error in the MBL related ratios since 2009 and they corrected them last week.

    ReplyDelete
  2. Commercial Business loansMarch 9, 2013 at 2:56 AM

    I came across your blog very worthwhile in addition to fascinating intended for my require. I appreciate the work you are doing, people need to know more about line of credit in order to gain benefit from it. I will bookmark your site for more future reference.

    ReplyDelete

Subscribe to: Post Comments (Atom)
 

The content is provided for educational purposes only, with the understanding that neither the authors, contributors, nor the publishers of this site are engaged in rendering legal, accounting or other expert or professional services. If legal or other expert assistance is required, the services of a competent professional should be sought.

Comments appearing in response to articles appearing on this site do not necessarily reflect the views of the ABA. ABA makes no representations regarding the truth or accuracy of commentary or opinions that may be posted in response to the articles that appear on this website.

The inclusion herein of any link to a website, either in the text of an article or in a comment, does not denote any approval, sponsorship, or endorsement by the ABA, and ABA is not responsible for the content or opinions expressed on those linked websites or related commentary. This content is not licensed to third parties sites and is not affiliated with any third party site. Any reference to the author or this content on any third party site on the Internet is not authorized by the ABA.

It is the policy of the American Bankers Association to comply fully with all antitrust laws. Certain discussions should be considered off-limits, including those that contain competitively sensitive data such as price and cost information, or statements that could be construed as reflecting an attempt or desire to control or influence a particular market or markets. Future pricing or other prospective competitive information should never be shared.