Commercial Lending Trends: A Back-to-Basics Approach to Serve Members, Manage Risk

By Mark Ritter, CEO of MBFS

After experiencing explosive commercial loan growth in 2022, the pace of new loan originations is moderating throughout the industry on a national basis. In aggregate, credit unions funded more than $52 billion in commercial loans in 2022, a 25% increase over the previous year. Commercial loan balances increased by over 19% in 2022.

Whether it is the increasing rate environment, uncertain economic times or tightening liquidity, credit unions and business members face a much tougher lending environment in 2023 than they have seen in quite a while.

Read the full "Expert Opinion" article published by CU Times.