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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.

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

Rachel Strauch-Nelson
608.665.8220
rachel.strauchnelson@TruStage.com

 

Barclay Pollak
608.665.7188
barclay.pollak@trustage.com

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