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CUNA Mutual Group’s August Credit Union Trends Report

CUNA Mutual Group’s May Credit Union Trends Report is now available. Highlights from the report follow.

August 2017:

  • The nation’s credit unions increased their loan portfolios 1% in June, slightly less than the 1.2% pace reported in June 2016, and 10.9% during the last 12 months.
  • Credit union fixed-rate first mortgage loan balances grew 2.7% in June, faster than the 2.2% reported in June 2016.
  • As of June 2017, CUNA estimates 5,911 credit unions were in operation, 11 fewer than May and 215 fewer than June 2016.

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TruStage™ is a financially strong insurance, investment and technology provider, built on the philosophy of people helping people. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities to improve the lives of those we serve. For more information, visit www.trustage.com.

Contact

Barclay Pollak (TruStage)
Barclay.Pollak@trustage.com

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