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LAKE FOREST, Ill.—Is credit union free checking finally on its way out? New research from Moebs $ervices indicates that may be the case, as the company’s latest checking study shows that for the first time credit union free checking numbers are declining.

WASHINGTON–The January 2017 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) from the Federal Reserve found that loans to businesses during the fourth quarter of 2016, on balance, banks left their standards on commercial and industrial (C&I) loans basically unchanged, while tightening standards on commercial real estate (CRE) loans.