Secret Agent

By The Numbers

  • Credit unions allocate 0.8 percent of total assets to commercial lending.
  • Some 1,577 credit unions (14 percent) currently make business loans.
  • More than 100 credit unions have loan portfolios comprising more than 10 percent of total assets.
  • Credit unions made $2.9 billion in loans last year.
  • The average size of nonagricultural business loans was $58,281 in 1997.

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This article was originally published in the August 1998 print edition of Entrepreneur with the headline: Secret Agent.

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