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CUNA Mutual Group’s March Credit Union Trends Report

MADISON, WI (March 28, 2017) — CUNA Mutual Group’s March Credit Union Trends Report is now available. Highlights from the report follow.

March 2017:

  • Credit union loan balances rose 0.9% in January, better than the 0.4% pace reported in January 2016, and 11.5% during the last 12 months.
  • Credit union used auto loan balances rose 1.2% in January, faster than the 0.7% pace set in January 2016, and rose 13.5% during the last 12 months.
  • Credit union first mortgage originations reached a record $143.2 billion in 2016, a 13% increase over the $126.5 billion in originations in 2015.

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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

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