Skip to main content

The place for all things credit union™
Log in

NAFCU research: consumer credit grew at the strongest rate in years in June

The National Association of Federally-Insured Credit Unions (NAFCU) Chief Economist and Vice President of Research Curt Long issued the following statement after the release of the latest NAFCU CU Industry Trends report:

“There are a number of positive industry trends at the moment, highlighted by moderating share growth, increasing member growth, and rock solid loan performance,” said NAFCU Chief Economist and Vice President of Research Curt Long. “However, net interest margins are now well below where they were following the financial crisis and will continue to place stress on credit union earnings for some time to come. It is incumbent on policymakers to eliminate unnecessary regulatory burdens on credit unions.”

NAFCU

We provide credit unions with the best federal advocacy, education and compliance assistance in the industry. The National Association of Federally-Insured Credit Unions (NAFCU) is a direct membership association for federally insured credit unions. We are committed to representing, assisting, educating and informing our member credit unions to help them grow, and help grow the credit union industry. Over the years we have been able to build on our foundation, growing stronger with our members and steadfast in our beliefs and focus: providing unwavering federal advocacy, top-rated education, one-of-a-kind compliance assistance and supreme responsiveness. Why? Because we believe credit unions are the best and they deserve the best.  

Recommended for you