CUNA Mutual Group’s January 2021 Credit Union Trends Report

MADISON, WI (February 2, 2021) — 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 2021 (November 2020 data)

  • Credit union loan balances rose 0.05% in November, below the 0.6% pace reported in November 2019.
  • Credit union new-auto loan balances fell at a -4.2% seasonally adjusted annual rate in November.
  • Credit union return-on-asset ratios came in at 0.65% (annualized) for the first nine months of 2020, the lowest since 2010, due to lower net interest margins, lower fee income, and higher provision for loan losses.


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


Allison Fanney

Barclay Pollak

More News