CUNA Mutual Group’s December Credit Union Trends Report
MADISON, WI (December 22, 2016) — CUNA Mutual Group’s December Credit Union Trends Report is now available. Highlights from the report follow.
December 2016:
- Credit union loan balances rose 0.9% in October, faster than the 0.6% pace reported in October 2015.
- Credit unions originated $41.7 billion in first-mortgage loans during the third quarter of 2016, 22% more than the third quarter of 2015.
- Credit union new auto loan balances rose 1.1% in October, faster than the 1.0% pace set in October 2015, and increased 16.3% during the last year.
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