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.
November 2021 (September data)
- Even though we expect market interest rates to rise in 2022, we are forecasting credit union yield-on-asset ratios to fall to a record low 2.70 percentage points.
- The credit union average loan-to-savings ratio fell to 70.3% in September down from 76.3% in September 2020, due to deposit growth exceeding loan growth.
- For the first time in credit union history, share drafts make up a larger percent of credit union total deposits (20.2%) than share certificates (14.5%).