CUNA Mutual Group’s September Credit Union Trends Report
MADISON, WI (September 30, 2016) — CUNA Mutual Group’s September Credit Union Trends Report is now available. Highlights from the report are below:
September 2016:
- Credit unions originated a record $63.3 billion in first mortgages in the first half of 2016, a 3.3% increase over the $61.4 billion in originations in the first half of 2015.
- Credit unions originated $14.2 billion of home equity and second mortgages in the first half of 2016, a 20% increase from the same time period last year.
- Year-to-date, the number of credit unions fell by 131, which is significantly below the 154 reported in the first seven months of 2015.
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