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CUNA Mutual Group Releases January 2018 Credit Union Trends Report

Thu, Feb 22, 2018

CUNA Mutual Group's January 2018 Credit Union Trends report has been released. Here are some of the highlights:

  • Over the last 12 months, total credit union loan balances rose more than 10.7%, the 39th consecutive month of greater than 10% annual loan growth. 

  • Credit union fixed-rate first mortgage loan balances grew 1.7% in November, double the pace set in November 2016.

  • As of November 2017, CUNA estimates 5,806 credit unions were in operation, down 248 from November 2016.

Read the full report here