CUNA Mutual Group Posts Latest Credit Union Trends Report from November 2021 Data...

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)

January 2022 (November 2021 data)

• We are currently forecasting real gross domestic product to rise 4% in 2022, which is twice the long run average of 2% growth rate.
• Over the last 12 months, total credit union loan balances rose only 6.5%, below the 7.2% long-run average.
• The national homeownership rate fell to 65.4% in the third quarter of 2021, below the 67.4% reported in the third quarter of 2020, due to the surge in home prices and the corresponding fall in housing affordability.

Visit CUNA Mutual Group's Trends Report page for all the details.

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