Rising rates last year prompted more community banks and thrifts to hold loans in portfolio, according to an annual survey by America's Community Bankers.

Just over half the institutions surveyed - 51% - sold no loans into the secondary market last year, up from less than one third in 1998. Loans sold in the secondary market declined to 71% of origination volume, from 82% in 1998.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.