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CUNA Mutual Group’s October Credit Union Trends Report

MADISON, WI (November 1, 2016) — CUNA Mutual Group’s October Credit Union Trends Report is now available. Highlights from the report are below:

October 2016:

  • Credit union loan balances rose 1.1% in August, the same pace set in August 2015.
  • Today credit unions have 7.1% of the first mortgage origination market, up from 2.6% a decade ago.
  • Credit union consumer installment credit loan balances (auto, credit card and other unsecured loans) rose 1.9% in August, more than twice as fast as the 0.9% pace set in August 2015.

 


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Contacts

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

 

Barclay Pollak
608.665.7188
barclay.pollak@trustage.com

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