CUNA Mutual Group’s September 2018 Credit Union Trends Report
MADISON, WI (September 26, 2018) — CUNA Mutual Group’s September Credit Union Trends Report is now available. The Credit Union Trends Report is a monthly “pulse check” on the state of the credit union marketplace, often placed in a historical context.
September 2018
- Credit union loan balances rose 1.1% in July, above the 1% pace reported in July 2017, and 6.3% year-to-date
- Credit unions originated a record $70.3 billion in the first half of 2018, a 4.1% increase over the $67.5 billion in originations in the first half of 2017
- Recently released mid-year NCUA call report data shows 305 credit unions with assets in excess of $1 billion and 246 credit unions with assets greater than $500 million, but less than $1 billion.
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