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March 2024 Credit Union Trends Report from TruStage

Home prices rose more than 6% over the last year, above the 4.1% long run average. The Credit Union Trends Report also includes:

  • The credit union industry’s net income to average asset ratio, return on assets, fell to 0.68% in 2023, down from 0.88% in 2022.
  • Total credit union memberships reached 142.1 million in January 2024.
  • Credit union savings balances fell 0.3% in January due to members paying down credit card balances.

The trends report includes data from the previous two months and is published and distributed by Steven Rick, Chief Economist from TruStage. You can review the March 2024 Credit Union Trends Report in its entirety here.

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