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CUNA Mutual Group’s September 2021 Credit Union Trends Report

MADISON, WI (September 29, 2021) — 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.

September 2021 (July data)

  • The number of credit unions fell by 99 during the first seven months of 2021, which is more than the 80 reported in the first seven months of 2020.
  • The credit union return-on-asset ratio rose to 1.11% in the first six months of 2021 at an annualized basis, up from 0.57% in the first six months of 2020.
  • Credit unions originated a record $157 billion first mortgage loans in the first half of 2021, a 21% increase above the $130 billion in originations in the first half of 2020.

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

Barclay Pollak (he/him/his)
Media & Reputation Consultant
CUNA Mutual Group
O 608.665.7188
M 414.364.7582
barclay.pollak@cunamutual.com
www.cunamutual.com

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