TruStage Credit Union Trends Report for March 2024

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 from TruStage™.
March 2024

• Home prices rose more than 6% over the last year, above the 4.1% long run average.
• The credit union industry’s net income to average asset ratio, return on assets, fell to 0.68% in 2023, down from 0.88% in 2022.
• Total credit union memberships reached 142.1 million in January 2024.
• Credit union savings balances fell 0.3% in January due to members paying down credit card balances.

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View Trends Report Executive Summary

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