“Originating loans has been a major problem for us over the last few years. Buying loan participations has become an important element of our strategy for growing our loan to share ratio.” -Mike Popadiuk, Finance Manager, Newport News Municipal. See full post here.
The collective knowledge of the LoanStreet team is invaluable in assisting us with packaging & pricing our loans and bringing them to market for successful execution.
Titan Federal Credit Union ($48mm) of Pleasant Gap, Pennsylvania, needed to improve its financial performance. Investing excess share-deposits into Permissible Investments was simply not going to provide the return the credit union needed to serve its members. Josh Vlajic, CEO of Titan, ...
As seen on Credit Union Times, LoanStreet CEO, Ian Lampl, explains how loan participations keep your cost of funds low while reducing concentration risk.
Prestige Community Credit Union ($92mm) maintains a robust indirect auto leasing program. However, success brought complicated liquidity and asset concentration problems. Slowing down was not an option. Simply put, Prestige Community worked too hard for too long to undermine its relationship with ...
PriorityONE Credit Union of Florida ($91mm) launched its loan participation program with LoanStreet Inc. in 2017, with an immediate and dramatic effect, increasing its loan to share ratio to well above its peers.
