December Credit Union Trends Report

The Credit Union Trends Report is a monthly pulse check on the state of the credit union marketplace. During October, credit unions picked-up 284,000 new memberships and loan balances grew. 

The December 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 0.7% in October, faster than the 0.6% pace reported in October 2017. 
  • Savings balances grew at a 7% seasonally-adjusted annualized growth rate in October, above the 5.2% reported one year earlier.
  • Year-to-date the number of credit unions fell by 153, significantly less than the 174 reported in the first ten months of 2017. 

    Read Full Report Here