Lending By The Numbers (3Q 2016)

Credit unions originated $343.6 billion through third quarter 2016 — that's an all-time record. See which areas contributed to this double-digit year-over-year growth.

 
 

The median credit union loan portfolio expanded 3.9% year-over-year in the third quarter. Performers in the top 20th percentile posted 12.0% growth. Credit unions in the bottom 20th percentile posted growth of -3.9%.

Read more about credit union lending.

Auto loan balances increased 13.7% in the third quarter of 2016. The median auto growth rate, however, was 6.0%. The top 20th and bottom 20th percentile grew 18.9% and -5.6%, respectively.

Read more about credit union auto lending.

The dollar amount of sales to the secondary market increased 12.1% year-over-year and hit $41.6 billion in third quarter 2016. Credit unions in the bottom 20th percentile sold, on average, 16.6% of their first mortgage loan originations to the secondary market. The industry median for sales to the secondary market was 44.3%. Credit unions in the upper 20th percentile sold 82.0% on average.

Read more about credit union mortgage lending.

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Usage rates across each percentile declined from previous third quarter levels, with the top 20th, median, and bottom 20th declining 60, 70, and 40 basis points, respectively.

Read more about credit union credit cards.

The median MBL delinquency reached 1.15% in third quarter 2016. That's 2.76 percentage points lower than credit unions in the bottom 20th percentile and 88 basis points higher than credit unions in the top 20th percentile.

Read more about credit union member business lending.

 
 

Feb. 13, 2017


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