
The Credit Union Trends Report for January 2017 from CUNA Mutual economist Steve Rick is out. His report is a monthly "pulse check" on the state of the credit union marketplace, often placed in a historical context. Highlights for January 2017 include:
- Credit union loan balances rose 0.9% in November, greater than the 0.7% pace reported in November 2015.
- Over the last 12 months, total credit union loan balances rose more than 10.8%, the fastest pace since 2005.
- Year-to-date the number of credit unions fell by 208, slightly lower than the 238 reported in the first eleven months of 2015.
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