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CUNA Mutual Group Releases January 2017 Credit Union Trends Report

Thu, Jan 26, 2017

Madison, Wisconsin

The Credit Union Trends Report is a monthly "pulse check" on the state of the credit union marketplace. The January 2017 report was recently released. The report is published and distributed by Steven Rick from CUNA Mutual Group. 

Here are some of the highlights of the January 2017 report (based on November 2016 data):
  • Credit union loan balances rose 0.9% in November, greater than the 0.7% pace reported in November 2015.
  • Over the last 12 months, total credit union loan balances rose more than 10.8%, the fastest pace since 2005.
  • Year-to-date the number of credit unions fell by 208, slightly lower than the 238 reported in the first eleven months of 2015.