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.

2 comments:

  1. 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
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