CUNA Mutual CU Trends Report Released Posted by Association of Vermont Credit Unions on 2:31 PM

CUNA Mutual just announced the availability of its October 2016 Credit Union Trends Report. The report is a monthly "pulse check" on the state of the credit union marketplace, often placed in a historical context, and is published and distributed by Steven Rick of CUNA Mutual Group.

 Highlights of the report include:

• Credit union loan balances rose 1.1% in August, the same pace set in August 2015.
• Today credit unions have 7.1% of the first mortgage origination market, up from 2.6% a decade ago.
• Credit union consumer installment credit loan balances (auto, credit card and other unsecured loans) rose 1.9% in August, more than twice as fast as the 0.9% pace set in August 2015.

The full report is available for download.