The May 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 May report include:
- The average credit union member had $13,562 in total savings deposits in March 2021, up from $11,307 in March 2020.
- The credit union average capital-to-asset ratio fell to 9.8% in March 2021, down from 11% in March of 2020.
- Credit union new auto loan balances declined 3.2% in March; a bigger decline compared to the 0.8% drop in March 2020.
To view past Trends Reports, visit CUNA Mutual Group’s website.