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(opens in a new window) from CUNA Mutual Group. (Opens in a new window)

February 2021 (December 2020 data)

  • Credit union loan balances rose 0.2% in December, below the 0.8% pace reported in December 2019. 
  • Credit union new auto loan balances rose 0.2% in December, below the 0.4% pace set in December 2019, and fell 3.9% for the full year.
  • Fixed-rate first mortgage loan balances rose 14.2% in 2020, the fastest annual pace since the 17.6% reported during the housing bubble of 2008.

Past Reports

January 2021


Credit union loan balances rose 0.05% in November, below the 0.6% pace reported in November 2019.

December 2020


Credit union loan balances were unchanged in October, below the 0.6% increase reported in October 2019.

Economic Report

February 2021

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

  • The economy is expected to grow 4.5% in 2021, a significant turnaround from the 3.5% decline reported in 2020.
  • Home prices rose 13% in 2020, matching the pace set in 2005.
  • Credit union loan growth for 2021 was revised lower to 5%.  
  • Credit union deposit growth was revised higher to 15% in 2021 due to additional stimulus checks.
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