The credit union balance sheet is shifting as the U.S. economy enters a post-pandemic reality.

Cooperatives are using cash to meet rebounding loan demand and invest in higher-yielding securities and investments.

Credit unions are positioning their balance sheets to deliver greater yields as investment and lending conditions adapt to a late-pandemic environment.

Deposits jumped $35.0 billion during the third quarter, and credit unions adjusted their investment portfolios to take advantage of the changing yield curve.

Cash balances contracted 11.1% from March 31 as credit unions actively put money to work.

COVID-19 relief payments underpin a continued surge in deposits, challenging loan and investment portfolios to keep pace.

Deposit growth underpins a 3.4% increase in investment balances for the industry. See what else happened in the investment portfolio.

Investment balances were up 19.2% from the first quarter as consumer uncertainty powers growth in core deposits.

Lower interest rates and overall economic uncertainty pushed the investment portfolios of commercial financial institutions nationwide toward shorter allocations in the first quarter of 2020.

Join Jason Haley, managing director of ALM First's Investment Management Group and Sam Taft, assistant vice president, business development, Trust for Credit Unions, for a discussion about the latest economic and market insights along with investment trends based on 1Q 2020 Performance Data for all U.S. Credit Unions.