In this paper we use non-parametric envelopment methods to determine whether the demographic composition of the board of directors effects the efficiency in which credit unions offer loans and savings products to their members. We find strong evidence credit unions with boards where the majority...

Beginning in 2011, credit unions in the United States have been required to report in their quarterly call reports their holdings of private student loans. Since this time, private student loans have been the fastest growing loan product among credit unions. The empirical results here indicate...

In recent years, credit unions have increasingly purchased loan-participation agreements in order to diversify their loan portfolios and manage loan growth. Responding to high charge-off rates for these loans and concern for systemic risk, the National Credit Union Administration imposed in 2013...