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.