November 2018 CU Trends Report from CUNA Mutual Group Now Available

The November 2018 Credit Union Trends Report is now available.

Highlights of the report include:

  • Credit union loan balances rose 0.7% in September, faster than the 0.6% pace reported in September 2017.
  • The credit union average loan-to-savings ratio reached 85.5% in September, up from 81.8% in September 2017, and the highest since May 1980.
  • The loan delinquency rate (loans two or more months delinquent as a percent of total loans outstanding) fell to 0.65% in September, down from 0.78% in September 2017 as the unemployment rate falls below what economists now believe is the “full employment rate” of 4.7%.