Up to 59% of full year deposit growth takes place in the first 3 months of the year due to tax refunds and bonus checks being deposited in checking and savings accounts. TruStage tracks that and other key economic trends in its latest Credit Union Trends Report.

Highlights from the Q2 2025 Credit Union Trends Report include:

• Credit union loan balances rose 0.6% in the first quarter of 2025, below the 1.1% average during the 2013-2019 time period.
• Credit union return-on-asset ratios averaged 0.65% in the first quarter of 2025, 2 basis points higher than the 63 basis points reported in the first quarter of 2024.
• Credit union yield on asset ratios rose to 5.06% in the first quarter of 2025, the highest since 2008.  
• New vehicle sales fell in June to a 15.3 million seasonally-adjusted annualized sales rate – down 1.7% from May.
• The contract interest rates on a 30-year fixed-rate conventional home mortgage fell to 6.67% in July, down from 6.85% in June and lower than the 6.92% reported in July 2024.

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 Q2 2025 Credit Union Trends Report in its entirety here.

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