More-conservative borrowers and stable real estate markets are among the reasons why Pennsylvania credit unions are experiencing member business lending growth.
Keystone Business Lending Solutions LLC, Member Business Financial Services LLC and the Pennsylvania Credit Union Association reported those findings in a white paper, "Building a Footprint for Solid Member Business Lending Practices." The PCUA has a business services division.
Collectively, the report contains information focused on the 20 credit unions represented by the two CUSOs and PCUA with total assets ranging from $37 million to $1.1 billion.
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