Introduction

The Credit Union Trends Report is a monthly "pulse check" on the state of the credit union marketplace, often placed in a historical context. The report is published and distributed by Steven Rick from CUNA Mutual Group. View Steven's biography.

September 2014
  • Credit union assets rose 0.3% in July, not because of a rise in deposits, which actually fell -0.1%, but because borrowings rose 12% and capital grew 0.4%.
  • Credit union memberships climbed to 100.5 million in July 2014, a typically strong month for membership growth, as 370,000 more Americans decided to avail themselves of the quality products and services offered by the nation’s credit unions.
  • The credit union system’s annualized return-on-asset ratio was 0.83% in the second quarter, according to NCUA call report data, similar to the 0.84% reported in the second quarter of 2013.
Steven Rick

credit union trends, Steve Rick, July, Report,

Past Reports

August 2014 added to Past Reports May removed

Past Reports
 
August 2014
Report
Credit union memberships broke the 100 million milestone in June as 274,000 more Americans joined the not-for-profit, member-owned, financial-cooperative movement.
 
July 2014
Report
Rising capital ratios and improving credit quality has encouraged many lenders to ease credit standards, thereby boosting loan growth and ultimately the overall economy.
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© CUNA Mutual Group 2014
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