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June Trends Report Now Available
Wednesday, July 12, 2017 6:50 AM

The latest issue of the Credit Union Trends Report is out, produced monthly by the CUNA Mutual Group and Chief Economist Steve Rick.

  • Credit union loan balances rose 0.9 percent in April, greater than the 0.7 percent pace reported in April 2016. 
  • In the year to April 2017, credit union memberships rose 4.8 percent faster than the 3.8 percent pace set in the year to April 2016, and the fastest pace in in the modern credit union era. 
  • Credit union new-auto loan balances grew at a remarkable 26.5 percent seasonally adjusted annualized growth rate in April, due to banks tightening credit when faced with auto loan delinquency rates rising above 3 percent for the first time since 2011.

Get the scoop on this information and so much more. Go directly to the June 2017 Credit Union Trends Report.