A PEDESTRIAN WALKS past the Federal Reserve building in Washington, D.C. A new report from the Fed found that regulatory changes may prompt a number of credit unions to boost their commercial lending./ Andrew Harrer/BLOOMBERG NEWs
PROVIDENCE – Credit unions have been expanding their market share in recent years, and now some seem poised to increase commercial lending after a key regulatory change last year, according to a new report from the Federal Reserve Bank of Philadelphia’s Research Department. The trend is raising further concern among small banks that they might lose…
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