Latest CU Trends Report Now Available

January 26, 2021 |

The December 2020 Credit Union Trends Report is now available. This monthly report, published and distributed by CUNA Mutual Group’s Director and Chief Economist Steven Rick, provides a review and analysis of recent credit union financial performance and operational results.

The report includes data from two months prior. Key findings in the December report include:

  • Credit union loan balances were unchanged in October, below the 0.6% increase reported in October 2019.
  • Fixed-rate first mortgage loan balances grew a strong 14.8% over the last year but declined slightly in October by 0.3%.
  • As of October 2020, CUNA estimates 5,336 credit unions were in operation, down 167 from October 2019.

To view past Trends Reports, visit CUNA Mutual Group’s website.