April CU Trends Report Now Available

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.