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As we begin 2022, we see signs that small businesses will remain cautious and constrained throughout much, if not all, of this year due to the unrelenting pressures that have carried over from 2021: local health restrictions, consumer uncertainty, ongoing supply chain issues, and significant challenges in filling open positions. 

Blake-Hastings

Blake Hastings

SAN ANTONIO—Credit unions need to brace for a lighter lending year, while at the same time ensuring their collections operations are running well because delinquencies will begin to tick up, says one expert, who adds 2022 will be a “risk management year if there ever was one.”