CUNA Mutual Group’s June 2019 Credit Union Trends Report
MADISON, WI (June 18, 2019) — 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.
June 2019 (April 2019 data)
- Credit union loan balances rose 0.6% in April, less than the 0.9% pace reported in April 2018 and 1.4% year-to-date.
- Credit union loan charge-offs fell to 0.57% in the first quarter, down from the 0.60% reported in the first quarter of 2018.
- Credit union surplus funds as a percent of assets fell to 24.5% in April, down from 26.2% last April, as credit unions’ loans grew faster than investments.
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