CU Loan Growth Continues to Show Signs of Slowing
Jim DuPlessis, in a June 04, 2019 article in cutimes.com, reports that credit union loan growth peaked two years ago.
Credit unions should be strategizing how they plan to keep their loan portfolios growing to avoid diminishing loan revenues in coming years. There are methods to profitably reach deeper into the consumer loan market and lend to borrowers in lower credit grades.
TCT Risk Solutions has effective risk management tools for clients. TCT’s Risk Based Loan Pricing tool assures individual loans are priced according to risk. TCT’s Credit Migration tool assures risk is managed in existing loan portfolios.