Approximately 20% of credit unions believe they are now better positioned to grow their penetration in the small business space than they were prior to the start of the financial crisis a few years ago.

Aite Group revealed that forecast in a new report, "The Small Business Strategies of U.S. Credit Unions."

The data also showed that 17% of credit unions believe small businesses will comprise between 11% and 30% of their total member base three years from now, compared with only 4% that have achieved this to date.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.