July 2018 Credit Union Trends Report Available for Download NOW
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 is published and distributed by Steven Rick from CUNA Mutual Group.
Some highlights from the July 2018 report include:
- Credit union loan balances rose 1.3% in May, above the 1.2% reported in May 2017 and 3.9% year-to-date.
- Credit union loan delinquency came in at 0.64% in May, below the 0.74% reported in May 2017, and below the natural delinquency rate of 0.75%.
- During the first five months of 2018, approximately 78 credit unions ceased to exist because of mergers, purchase and assumptions, or liquidation.
Past reports are available for download, and you can view the current Economic & Credit Union Monthly Update HERE.« RETURN TO ALL NEWS