CUNA Mutual Group’s August Credit Union Trends Report
MADISON, WI (August 23, 2017) — 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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