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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.

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. TruStage™ is the marketing name for TruStage Financial Group, Inc. its subsidiaries and affiliates. Corporate headquarters are located in Madison, Wis.

Contacts

Allison Fanney
media.relations@LPLFinancial.com

Barclay Pollak
608.665.7188
barclay.pollak@trustage.com

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