CUNA Mutual Group’s December 2021 Credit Union Trends Report
MADISON, WI (December 23, 2021) — The Credit Union Trends Report is a monthly “pulse check” on the state of the credit union marketplace, often placed in a historical context. The report includes data from two months prior and is published and distributed by Steven Rick from CUNA Mutual Group.
December 2021 (October data)
- Interest rates to 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
- Home prices rose 1.3% in October from September, according to the Core Logic Home Price Index, and 18% year-over-year, the fastest growth since the series began in 1976
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