December Trends Report Available Posted by Association of Vermont Credit Unions on 2:23 PM

Steve Rick

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. View Steven's biography (opens in a new window).

Excerpts from December's trends report:

• 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. 

View the pdf version of the December Trends Report here.