The latest quarterly investment trends review released by Trust for Credit Unions (TCU), the oldest and largest mutual fund family created for and by credit unions, includes fourth quarter 2017 data for all U.S. credit unions. It also includes both an average life profile and derivatives usage tracker courtesy of Callahan’s Peer-to-Peer software.
As of December 31, 2017, credit unions held $363.4 billion in investments, down 2.5% from the 3rd quarter of 2017. Total credit union assets expanded 0.9% from the third quarter to nearly $1.4 trillion, while loan balances increased at a faster rate of 1.9%.
Total investments declined by nearly $7 billion compared to the previous year. Throughout 2017, share balances followed their usual pattern of posting the strongest growth in the first quarter and gradually declining over the course of the year as lending picks up and deposit growth wanes.
The quarterly investment review is a complimentary resource available to interested credit unions courtesy of TCU. The report includes the latest credit union data including average yield on investments, investment composition and maturity breakdowns along with high-level analysis of investment trends for the entire industry. Interested credit unions can download their free copy of the Investment Trends Review by visiting www.trustcu.com or by contacting us at info@trustcu.com.
Trust for Credit Unions helps credit unions succeed in serving their members by providing a professionally managed family of mutual funds --- exclusive to credit unions --- as well as the information and analysis they need to support investment decisions. Created by some of the leading credit unions with oversight by a board of trustees, TCU’s mutual fund options keep credit unions always invested, are professionally managed, and are based on the cooperative values of credit unions.
More information about TCU’s portfolios can also be found at www.trustcu.com.