Discover the credit union trends that are driving success in today’s credit unions. Join host Mark Ritter on Credit Union Conversations as he and Keith Koval explore credit union loan volume growth and business lending participation loans, shaping the industry. This episode explores the evolving landscape of credit unions, highlighting trends that are transforming member services and community impact. Learn how credit unions are thriving in Western Pennsylvania and beyond. Discover strategies to navigate delinquency rates and leverage business deposits to overcome a liquidity crunch. Stay ahead with insights on credit union advertising and community service, driving growth and success.

WHAT YOU WILL LEARN IN THIS EPISODE:

✅ How loan volume is rebounding with new and repeat borrowers.

✅ The impact of credit union advertising on market visibility.

✅ Why business lending remains a steady growth driver.

✅ The rise of participation loans and improved liquidity.

✅ How community service strengthens credit union appeal.

Subscribe to Credit Union Conversations for the latest credit union trends and insights on loan volume and business lending! Connect with MBFS to boost your credit union’s growth today.

TIMESTAMPS:  

00:00 Keith discusses the credit union advertising surge in Western Pennsylvania, boosting the loan volume uptick

05:09 Participation loans up 102%, business loans are up 11% overcoming the recent liquidity crunch, reflecting a positive credit union trend

10:14 Keith notes minor delinquency rates, not major foreclosures, aligning with credit union trends and business deposits up 8%

12:17 Keith emphasizes a lower fee structure at credit unions compared to banks, a key advantage for attracting business deposits

13:25 Mark discusses the rise of security fraud and phishing attacks targeting credit unions, urging vigilance within the credit union industry

KEY TAKEAWAYS:  

💵 Loan volume surges with repeat and new borrowers, driving credit union trends in Western Pennsylvania

💵 Credit union advertising on radio, TV, and billboards boosts visibility and business lending growth

💵 Participation loans up 102% signal recovery from the liquidity crunch, enhancing credit union stability

💵 Business deposits rise 8%, with a lower fee structure attracting members and supporting community service

ABOUT THE GUEST:

MBFS is a credit union owned organization that supports the business and investment loan programs for 106 credit unions in Pennsylvania, New Jersey, Delaware, Maryland, Georgia, Florida and Alabama. Currently, we service over $2.5 billion in commercial loan balances. 

As the Relationship Manager for the InvestorMatch Program, I specialize in mortgages for 1-4 family residential investment properties, multi-family residential properties (5+ units), mixed-use and commercial properties.

If you are a real estate agent, mortgage banker or loan broker, please contact me to discuss how you can become part of our referral program.

If you are a real estate investor, please contact me to discuss your lending needs.

RESOURCES MENTIONED: 

Mark Ritter - Website

Mark Ritter - LinkedIn

Keith Koval - LinkedIn

SEO KEYWORDS: 

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