New York City taxicabs

Credit unions holding commercial loans secured by taxi medallions or other non-real estate assets continue to have an outsized impact on the movement.

Among the 5,646 federally insured credit unions in March, 1,260 carried non-agricultural commercial loans not backed by real estate. On average, those loans accounted for less than 1% of all credit union loans.

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Jim DuPlessis

A journalist for decades.