[quote=PadreBrian]I would skip SDCCU, according to their annual 2007 report they have about 3 Billion in home loans. Take 33% off that figure…and they are going to have to write off 1 billion dollars of bad debit in the next year.

[/quote]

SDCCU (and most CU’s) are VERY conservative lenders. I’d be very surprised if they issued substantial numbers of risky loans. Remember, CU’s typically don’t sell off the loans they make, they keep and service them. The banks who were causing all the problems were almost immediately selling off the loans that they were originating.