August 2018 Trends Report

The August, 2018 Credit Union Trends Report from CUNA Mutual Group is now available. Highlights are below as well as a link to the full report.

  • Credit union loan balances rose 1.3% in June, faster than the 1.1% pace reported in June 2017.  
  • Credit union savings balances grew 5.6% during the 12 months ending in June, slower than the 6.1% average annual growth rate recorded during the last 10 years due to the falling national savings rate.
  • As of June 2018, CUNA estimates 5,714 credit unions were in operation, 8 fewer than May and 228 fewer than June 2017.

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