December 2018 CU Trends Report from CUNA Mutual Group Now Available

The December 2018 Credit Union Trends Report is now available.

Highlights of the report include:

  • Credit union loan balances rose 0.7% in October, faster than the 0.6% pace reported in October 2017.
  • Savings balances grew at a 7% seasonally-adjusted annualized growth rate in October, above the 5.2% reported one year earlier.
  • Year-to-date the number of credit unions fell by 153, significantly less than the 174 reported in the first ten months of 2017.