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)

November 2021 (September data)

  • Even though we expect market interest rates to rise in 2022, we are forecasting credit union yield-on-asset ratios to fall to a record low 2.70 percentage points.
  • The credit union average loan-to-savings ratio fell to 70.3% in September down from 76.3% in September 2020, due to deposit growth exceeding loan growth.
  • For the first time in credit union history, share drafts make up a larger percent of credit union total deposits (20.2%) than share certificates (14.5%). 

Past Reports

October 2021


The rapid growth rate in the nation’s money supply could keep inflation around longer than expected.

September 2021


The number of credit unions fell by 99 during the first seven months of 2021, which is more than the 80 reported in the first seven months of 2020.

Economic Report

November 2021

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

  • Vehicle sales rose to a 13 million annualized sales rate in October from 12.3 million in September, but still below the 16.5 million normal pace.
  • Home prices rose 17.4% during the last 12 months, even faster than during the housing bubble in 2005 when prices rose 10.7%.
  • The unemployment rate fell to 4.6% in October, slightly above the natural unemployment rate of 4.5%.
  • Credit union yield-on-asset ratios are expected to fall to 2.9% this year, the lowest in credit union history.
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