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CUNA Mutual Group’s January Credit Union Trends Report

MADISON, WI (January 25, 2017) — CUNA Mutual Group’s January Credit Union Trends Report is now available. Highlights from the report follow.

January 2017:

  • Credit union loan balances rose 0.9% in November, greater than the 0.7% pace reported in November 2015.
  • Over the last 12 months, total credit union loan balances rose more than 10.8%, the fastest pace since 2005.
  • Year-to-date the number of credit unions fell by 208, slightly lower than the 238 reported in the first eleven months of 2015.

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

Allison Fanney
media.relations@LPLFinancial.com

Barclay Pollak
608.665.7188
barclay.pollak@trustage.com

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