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CUNA Mutual Group’s November 2022 Credit Union Trends Report

MADISON, WI (December 5, 2022) — 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 2022 (September data)

  • Savings per member is falling at the fastest pace in 22 years.
  • The credit union average loan-to-savings ratio rose to 79% in September, up from 70.4% in September 2021.
  • Home prices fell for the third consecutive month but are still up 11.4% compared to one year ago.

 


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

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

Barclay Pollak
608.665.7188
barclay.pollak@cunamutual.com

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