Credit Union and Economic Reports

The Credit Union Trends Report and Economic Report provide a review and analysis of recent credit union financial performance and operational results in the context of recent economic activity. Data and analysis are provided to establish standards against which credit unions' own performance can be compared.

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(opens in a new window) from CUNA Mutual Group. (Opens in a new window)

March 2021 (January data)

  • Rising long-term interest rates have pushed up 30-year fixed-rate mortgage interest rates from 2.65% set during the first week of 2021 to 3.02% today.
  • Credit union loan growth slowed to a 5.3% in 2020, down from 6.5% in 2019, which was the slowest pace since 2012.
  • Credit union savings balances rose 0.9% in January due $600 stimulus checks being deposited in millions of credit union members checking accounts.  

Past Reports

February 2021


Credit union loan balances rose 0.2% in December, below the 0.8% pace reported in December 2019.

January 2021


Credit union loan balances rose 0.05% in November, below the 0.6% pace reported in November 2019.

Economic Report

March 2021

The Economic & Credit Union Update is a monthly report on the economic factors that impact credit unions’ operations and financial performance.

  • Credit union return-on-asset ratios fell to 0.70% in 2020, from 0.93% in 2019. Expect ROA to fall to 0.60% in 2021.
  • Interest rates are moving up as the economy strengthens and inflation expectations surge.
  • Credit union loan growth for 2020 came in at 5.3%, the slowest rate since 2012.
  • Existing home prices rose over 14% during the last year, the fastest pace in over 50 years.
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