Fee Income is Up at Credit Unions and Drawing Politicians' Attention
Studies by TCT Risk Solutions show that many credit unions subsidize their loan programs through their fee assessments. Politicians may be looking to make this a campaign issue in 2020 elections leading to regulatory limits on fees.
TCT Risk Solutions has long advocated that credit unions should assure their loan programs be a major source of income independent of fee income. TCT’s Risk Based Loan Pricing tool assures loan portfolios are profitable.