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)

September 2020 (July 2020 data)

  • Credit union loan balances rose 0.7% in July, higher than the 0.6% pace reported in July 2019.
  • Credit unions originated a record $130.4 billion first mortgage loans in the first half of 2020, a 92% increase above the $67.9 billion in originations in the first half of 2019.
  • During the last 12 months, savings balances rose a remarkable 18.9%, the fastest pace in over 30 years.

Past Reports

August 2020

Credit union loan balances rose 0.5% in June, lower than the 0.7% pace reported in June 2019.
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.

Economic Report

September 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 25% annualized pace in the third quarter.
  • The unemployment rate is expected to end 2021 at 7.5%.
  • Credit union loan growth is expected to reach 6.0% in 2020, due to record setting fixed-rate first mortgage loan originations.
  • Credit union deposit growth is expected to reach 18.6% in 2020, up from 8.2% in 2019.
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