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CUNA Mutual Group’s May 2021 Credit Union Trends Report

MADISON, WI (May 28, 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.

May 2021 (March data)

  • The average credit union member had $13,562 in total savings deposits in March 2021, up from $11,307 in March 2020.
  • The credit union average capital-to-asset ratio fell to 9.8% in March 2021, down from 11% in March of 2020.
  • Credit union new-auto loan balances declined 3.2% in March; a bigger decline compared to the 0.8% drop in March 2020.

 


About CUNA Mutual Group

Built on the principle of “people helping people,” CUNA Mutual Group is a financially strong insurance, investment and financial services company that believes a brighter financial future should be accessible to everyone. Through our company culture, community engagement, and products and solutions, we are working to create a more equitable financial system that helps to improve the lives of those we serve and our society. For more information, visit www.cunamutual.com.

Contacts

Barclay Pollak (he/him/his)
Media & Reputation Consultant
CUNA Mutual Group
O 608.665.7188
M 414.364.7582
barclay.pollak@cunamutual.com
www.cunamutual.com

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