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)

December 2021 (October data)

  • Interest rates to rise sooner than expected as the economy approaches full employment and inflationary pressures build. 
  • Credit union new auto loan balances fell 0.7% in October, slower than the 0.7% rise set in October 2020, and decreased 2.1% during the last year. 
  • Home prices rose 1.3% in October from September, according to the Core Logic Home Price Index, and 18% year-over-year, the fastest growth since the series began in 1976.

Past Reports

November 2021

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.

October 2021

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

Economic Report

December 2021

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

  • Annual inflation rose to over 6.8% in November, the fastest pace in 40 years.
  • Home prices rose 18.5% during the last 12 months, even faster than during the housing bubble in 2005 when prices rose 10.7%. 
  • The unemployment rate fell to 4.2% in November, slightly below the natural unemployment rate of 4.5%. 
  • The Federal Reserve is poised to raise interest rates in 2022 faster than many expected just a few months ago.
Making Strategic Choices for Growth

Making Strategic Choices for Growth

To better understand credit unions’ efforts to remain relevant and continue growing in the face of this competitive threat, CUNA Mutual Group commissioned a research project to explore the strategic choices of credit unions.