Credit Union and Economic Reports

The Credit Union Trends Report and Economic Report provide a review and analysis of recent credit union financial performance and operational results in the context of recent economic activity. Data and analysis are provided to establish standards against which credit unions' own performance can be compared.

Credit Union Trends Report

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 includes data from two months prior and is published and distributed by Steven Rick from CUNA Mutual Group. (Opens in a new window)

August 2020 (June 2020 data)

  • Credit union loan balances rose 0.5% in June, lower than the 0.7% pace reported in June 2019.
  • Credit union new-auto loan balances fell at a 5% seasonally adjusted, annualized growth rate in June, the biggest negative reading since the summer of 2011. 
  • Credit union loan-to-share ratios fell to 76.3% in June, down from 83.7% one year earlier. 

Past Reports

July 2020

Credit union loan balances rose a 1% in May, faster than the 0.6% pace reported in May 2019 due to record setting first mortgage loan originations.
June 2020

Credit union credit card loan balances fell 4.3% in April, below the 0.7% rise in April 2019 as the effects of COVID-19 economic lock down were in full force.

Economic Report

August 2020 

The Economic & Credit Union Update is a monthly report on the economic factors that impact credit unions’ operations and financial performance.

  • Our latest economic forecasts have the economy expanding at a 15% annualized pace in the third quarter.
  • The unemployment rate is expected to end 2021 at 8%. 
  • Credit union loan growth is expected to reach 5.9% in 2020, due to record setting fixed-rate first mortgage loan originations. 
  • Credit union deposit growth is expected to reach 17% in 2020, up from 8.2% in 2019.
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