May CU Trends Report Now Available

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.