CUNA Mutual Group Releases December Trends Report

The December 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 reviews data from October. Key findings in this edition include the following updates:

  • Interest rates will rise sooner than expected as the economy approaches full employment and inflationary pressures build.
  • Credit union new auto loan balances fell 0.7% in October, slower than the 0.7% rise set in October 2020, and decreased 2.1% during the last year.
  • According to the Core Logic Home Price Index, home prices rose 1.3% in October from September, and 18% year-over-year—the fastest growth since the series began in 1976.

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