For the second time this year, Ohio credit unions are reporting growth in their member business loan portfolios.

Of the state's 382 credit unions, 101 had outstanding business loan balances totaling $406.4 million, according to the Ohio Credit Union League's Ohio Credit Union Quarterly Performance Summary.

Member business loan originations were $63.3 million in the first half of the year, which is up 16.6% from $54.3 million in the first six months of 2010.

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.

Lending