Articles

YE ’21 Trend Lines In Holding Pattern For Mutuals Nationwide

February 4, 2022 - 2 min read

Mutual peer data for 2021 reflected “more of the same” especially in terms of loan growth, expense management and net income. Loan growth for all of 2021 grew at a paltry rate of one percent for mutuals nationwide, 1.3 percent for mutuals based in the Midwest and 2.3 percent for Ohio-based mutuals. From an expense…

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