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.

March 2015
  • During January, Americans joined credit unions at a record annual pace, credit union loan balances grew at a 10.2% annual pace, members saved their gasoline dividend, firms hired 239,000 workers, interest rates fell, mortgage refinancing boomed and the Federal Reserve told us to be “patient.”
  • Credit union memberships rose a remarkable 369,000 in January, or 0.4% month-over-month, up from 165,000 reported in January 2014, or 0.2%, to reach 102.3 million. The underlying annual membership growth rate is now 4.5%, the highest in over 25 years.
  • Credit union loan-to-asset ratios rose to 63.3% in January, up from 60.5% set in January 2014, the highest since February 2010. This shift in the mix of assets boosted yield-on-asset ratios to 3.53% in 2014, up from 3.36% in 2013.
Steven Rick

credit union trends, Steve Rick, November, Report,

Past Reports

Past Reports
February 2015
Report
Loan balances rose 10.2% during 2014, the fastest pace since 2005.
 
 
January 2015
Report
The nation’s CUs increased their loan portfolios 0.6% in November, a slight acceleration relative to the 0.5% pace set in November of 2013.
© CUNA Mutual Group 2015
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