Despite ongoing yet stalled efforts to raise the member business lending cap, credit unions with established loan programs and those new to the channel managed to grow their portfolios in an environment still recovering from the last economic downturn.

The $370 million Salal Credit Union in Seattle grew its MBLs by 724% between June 2013 and June 2014 and secured just over $12 million dollars in business loans or about 4.56% of its assets, according to data analyzed by Callahan & Associates for CU Times.

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