Member Business Lending has been in the news quite a bit lately with some significant strides made in the right direction -- and that's a good thing for credit unions. Not sure if the banks agree, but that's their issue. But this news actually complements what's been going on for a while in the MBL world -- an increase in activity.
To get to the bottom of this positive trend, we invited Callahan & Associates' Industry Analyst to provide us with some details. We discussed such items as why these loans are so important right now, how CUs can improve in this area, why CUs that offer MBL perform better than those that don't, and much more.
Check it out and let us know what you think regarding MBL picking up steam.
Mike Lawson, Host
Married to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.