CU Borrowers Pay Less on Mortgage Loans

According to a study by the NCUA’s Chief Economist, credit union members could save thousands of dollars on their mortgages when compared to borrowers at other financial institutions.

Credit unions are a better deal for American consumers. Credit union executives should always recognize the role they play in their members’ financial well-being by making sure the risk in their respective credit unions’ balance sheets and loan portfolios are managed effectively.

TCT’s Risk Based Loan Pricing tool and Credit Migration tool are mandatory for credit unions wanting to effectively manage the risk in their loan portfolios.