Press

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.

About TruStage

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. TruStage™ is the marketing name for TruStage Financial Group, Inc. its subsidiaries and affiliates. Corporate headquarters are located in Madison, Wis.

Contacts

Rachel Strauch-Nelson
608.665.8220
rachel.strauchnelson@TruStage.com

 

Barclay Pollak
608.665.7188
barclay.pollak@trustage.com

More News