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.
Credit union lending is growing at a pace not seen since before the Great Recession.
CU membership reached 99.9 million, with expectations of crossing the 100 million milestone in June.
More capital and better loan quality is encouraging many lenders to ease credit standards and in turn boost loan growth.
credit union trends, Steve Rick, July, Report,
June 2014 added to Past Reports April removed
June 2014 Report Almost all loan portfolio segments show growth. Big increases in vehicle loans and real estate secured loans led the way.
May 2014 Report Significant positive momentum continues in the CU system, but we need to recognize growth concentration.