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Is there a fixed percentage that the originating Credit Union must retain?

April 26, 2017Credit Union fixed originating PERCENTAGE

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Is there a fixed percentage that the originating Credit Union must retain?

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The originating Credit Union must retain at least 10 percent of each loan. Beyond this, there are no mandated proportions. Whatever split is decided upon, the participating credit unions should achieve a desired level of comfort that is agreeable to all parties involved.