Credit Union Trends for December

The Credit Union Trends Report provided by CUNA Mutual Group is a monthly "pulse check" on the state of the credit union marketplace.

CUNA MUTUAL GROUP 280x210Highlights of the December 2021 report, which is now available, include:

• Interest rates to rise sooner than expected as the economy approaches full employment and inflationary pressures build.

• Credit union new auto loan balances fell 0.7% in October, slower than the 0.7% rise set in October 2020, and decreased 2.1% during the last year.

• Home prices rose 1.3% in October from September, according to the Core Logic Home Price Index, and 18% year-over-year, the fastest growth since the series began in 1976.

The trends report includes data from the previous two months and is published and distributed by Steven Rick, a Director and Chief Economist from CUNA Mutual Group.You can review the December 2021 Credit Union Trends Report in its entirety here.