Press

CUNA Mutual Group’s February Credit Union Trends Report

MADISON, WI (March 1, 2017) — CUNA Mutual Group’s February Credit Union Trends Report is now available. Highlights from the report follow.

February 2017:

  • Credit union loan balances rose 10.9% in 2016, up from the 10.3% reported in 2015.
  • Credit union new auto loan balances rose 1.9% in December, faster than the 1.5% pace set in December 2015, and rose 17.4% for the full year.
  • Credit unions added 485,000 memberships in December, bringing the 2016 membership growth to 4.7 million new members.

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.

Contacts

Allison Fanney
media.relations@LPLFinancial.com

Barclay Pollak
608.665.7188
barclay.pollak@trustage.com

More News