For Credit Unions Looking to Grow, Commercial Lending Could Be the Answer
According to data from Jack Henry, 72% of credit unions plan to expand
services for small businesses within the next year. While credit unions haven’t always been known for their
commercial offerings, they have a lot of untapped opportunities to grow among
their business members, especially when it comes to lending.
Why now?
Many credit unions are looking to diversify right now. Auto
loans...