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TruStage’s June 2023 Credit Union Trends Report

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™.

June 2023

  • Credit union yield on asset ratios rose to 4.06% in the first quarter of 2023, the highest since 2010 and approaching the 4.6% long-run average.
  • Credit union loan balances rose 0.6% in April, almost a third of the 1.7% pace reported in April 2022, and 16.2% during the last 12 months.
  • Credit union savings balances are declining at a -1% seasonally adjusted annual rate, the first drop in modern history.

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View Trends Report Executive Summary

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