Credit union loan-to-savings ratio is expected to remain above 85% for the third year in a row. TruStage tracks that and other key economic trends in its latest Credit Union Trends Report.

Highlights from the November 2024 (September 2024 data) Credit Union Trends Report include:

• Credit union used auto loan growth is the slowest on record, falling 3.9%.
• The OFHEO House Price Index rose 4.3% over the last year ending in the third quarter, above the 4.0% long run average.
• The credit union system’s equity-to-asset ratio rose to 9.7% in September, up from 9.6% in August and 8.7% in September 2023.

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 November 2024 Credit Union Trends Report in its entirety here.

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