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industry overview
credit unions @ JUNE 30, 2013
As of June 2013, the nation's 6,818 credit unions held over $1 trillion in assets, up 4.8% from the previous June. They held over $621 billion in loans backed with over $117 billion in capital. Here are other notable second quarter trends:
For more on the industry's performance, use these resources:
How is the credit union industry faring compared to this period last year? Find out from this industry snapshot.
Credit unions originated a record $176 billion in loans during the first half of 2013, and are on pace for a record year of loan originations. Read more about loans, shares, investments, ROA, productivity, and more.
Callahan’s quarterly Trendwatch call took place on Thursday, August 22 and Friday, August 23. On the call, Callahan’s Jay Johnson and Scott Patterson discuss how credit unions are shifting into a higher gear across 2013. In addition to reviewing industry trends, James Nastars and Brian Davidson from Meritrust Credit Union ($890M, Wichita, KS) dive into how they have achieved success in their local market and John Olivo discusses Goldman Sachs’ Economic Forecast for the year.
To view the replay, please click the link below:
2Q13 Trendwatch