CUNA Mutual Group’s February 2023 Credit Union Trends Report
MADISON, WI (March 15, 2023) — 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.
February 2023 (December 2022 data)
- Credit union loan balances rose 19.4% in 2022, up from the 7.7% reported in 2021.
- Credit union new-auto loan balances grew at a remarkable 21.4% pace in 2022.
- Median single-family home prices fell 2% in December but rose 2% during the last year, which is below the 4% long-run average.
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