TruStage’s January 2024 Credit Union Trends Report
MADISON, WI (February 7, 2024) — 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 TruStage™.
January 2024
- For the first time in many years, small credit unions reported faster loan growth than larger credit unions because of their greater liquidity.
- Home prices rose 4.8% during the last year, pushing housing affordability to the lowest in 4 decades.
- Credit union new-auto loan balances were falling at a -2.5% annualized pace in November.
View Trends Report
View Trends Report Executive Summary
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.
