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.
Year-over-year asset growth of 5.2% is outpacing savings growth due to borrowings rising 16% and capital rising 10%.
Loan balances rose 10.5% during the last 12 months, the fastest pace since January 2006.
Credit union memberships are up 3.9% year-over-year, the fastest pace since June 2003 when the economy was recovering from the 2001 recession.
credit union trends, Steve Rick, November, Report,
January 2015 Report
Credit union memberships rose 303,000 in November to reach 101.9 million. Year-over-year, memberships are up 3.9%, the fastest pace since June 2003 when the economy was recovering from the 2001 recession.
December 2014 Report
Credit union capital grew 9.9% during the last 12 months indicating stronger earnings performance for many credit unions.