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.
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