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 TruStage
TruStage is a financially strong insurance, investment and technology provider, built on the philosophy of people helping people. We believe a brighter financial future should be accessible to everyone, and our products and solutions help people confidently make financial decisions that work for them at every stage of life. With a culture rooted and focused on creating a more equitable society and financial system, we are deeply committed to giving back to our communities to improve the lives of those we serve. For more information, visit www.trustage.com.