Search
 

Technology, Staff Spirit Fuels TCCU Loan Growth

Travis County CU's loan portfolio grew by 51% in the past five years and a 16% in 2015 alone.

By William Atkinson | Updated on February 07, 2016
Travis County Credit Union saw exceptional loan portfolio growth after implementing a five-part strategy.

About five years ago, managers of Travis County Credit Union – a $29 million credit union in Austin, Texas, with 11 employees – noticed their loan portfolio had been flat for a number of years.

“Our deposit side was growing, but our loans weren’t,” President Wayne A. Watters said. “We were holding at right around $10 million, so we couldn’t grow. As a result, we decided to focus our efforts on growing our loan portfolio.”

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:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

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.

Dig Deeper

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.