The April 2021 CU 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 April report include:
- After falling 3.5% in 2020, the U.S. economy is expected to grow at a remarkable 6% in 2021.
- CUNA Mutual Group is forecasting credit union loan growth at only 5% in 2021, down from 5.3% last year.
- On a seasonally adjusted annualized basis, new auto loan balances rose at a 0.1% pace in February, the first positive growth number since July 2019.
To view past Trends Reports, visit CUNA Mutual Group’s website.