CUNA Mutual Group’s January 2020 Credit Union Trends Report
MADISON, WI (January 23, 2020) — 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.
January Report Highlights (November data):
- Over the last 12 months, total credit union loan balances rose only 6.2%, below the 7.9% long-run average.
- Credit union new-auto loan balances fell at a -3.4% seasonally adjusted annual rate in November, significantly below the double digit pace set during 2012-2018
- Credit union capital balances grew 11.3% in the year ending in November, significantly above the 7% average set over the last 20 years.
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