A majority of mutual bankers surveyed expect sustainable and improving lending activity during the next three years. A survey of 175 of the nearly 600 U.S. mutual, community-based institutions by ABA's Mutual Institutions Council assessed a variety of areas important to mutuals nationwide, including how they differentiate themselves. As of January 2013, U.S. mutuals had assets of more than $253 billion. Of the respondents, 93% expect commercial loan activity to increase or stay the same, while 89% believe consumer loans will increase or stay the same. Over 80% believe residential mortgages also will increase or stay the same. The survey notes that 88% expect real estate foreclosures to decline or stay the same, while 94% expect commercial real estate foreclosures to decline or stay the same. Similarly, 93% said they anticipate consumer delinquencies to decline or stay the same.
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