Lending

SAC FCU's All-Loan Approach

October 27, 2009
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By Judy Dahl Rather than investing, $379 million asset SAC Federal Credit Union , Bellevue, Neb., relies solely on loans to maximize income. As a result, the credit union’s loan-to-share ratio is 114%, reports Steve Ames, SAC Federal’s senior vice president of finance. “We have borrowings from the Federal Home...
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