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March 08, 2018
Q4 CU Industry Trends: Membership, loan growth strong in 2017
NAFCU's fourth-quarter CU Industry Trends report revealed that membership and loan growth remained strong throughout 2017, though share growth declined. The report was sent to member credit unions Thursday; it includes state-level maps highlighting state averages of select performance measures.
NAFCU's CU Industry Trends is a member-only quarterly report of the latest trends among credit unions. It is designed to help credit unions identify patterns in industry performance, and to promote comparisons with their own institutions. The report delivers key trends based on NCUA data, both at the industry level and broken down by region, state and asset class.
The Trends report shows that credit unions continue to outpace banks in loan growth and that the industry represents nearly 8 percent of total first mortgage originations.
Earlier this week, the NCUA released its fourth-quarter data on the credit union industry, showing that federally-insured credit unions saw loan growth of 10.1 percent, year over year, as membership grew to 111.3 million.
NAFCU's member-only CU Performance Benchmark and Operating Expense reports, providing credit unions with individualized financial performance and expense analyses based on the most recent call report data, were also sent to credit unions this week and are now available for download via NAFCU's website.
These reports, composed by NAFCU's research team, are useful tools for tracking credit unions' progress and comparing it against peer averages.
NAFCU's CU Industry Trends is a member-only quarterly report of the latest trends among credit unions. It is designed to help credit unions identify patterns in industry performance, and to promote comparisons with their own institutions. The report delivers key trends based on NCUA data, both at the industry level and broken down by region, state and asset class.
The Trends report shows that credit unions continue to outpace banks in loan growth and that the industry represents nearly 8 percent of total first mortgage originations.
Earlier this week, the NCUA released its fourth-quarter data on the credit union industry, showing that federally-insured credit unions saw loan growth of 10.1 percent, year over year, as membership grew to 111.3 million.
NAFCU's member-only CU Performance Benchmark and Operating Expense reports, providing credit unions with individualized financial performance and expense analyses based on the most recent call report data, were also sent to credit unions this week and are now available for download via NAFCU's website.
These reports, composed by NAFCU's research team, are useful tools for tracking credit unions' progress and comparing it against peer averages.
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