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industry overview
credit unions @ JUNE 30, 2014
Credit unions hit some major milestones at midyear 2014. According to Callahan's FirstLook program, the credit union industry has $1.12 trillion in assets, up 4.7% from the previous June. The industry holds more than $682 billion in loans backed by more than $125 billion in capital. Here are other notable midyear trends:
Industry Performance By The Numbers (2Q 2014) A breakdown of the industry’s financial performance and impact in 2Q 2014.
The first six months of 2014 have been all about lending lending lending — and credit unions have the performance to prove it. By: Rebecca Wessler
Credit unions are posting impressive results in credit card numbers, balances, and market share. By: Janet Lee
More auto loans and higher credit card balances are the primary source of growth in the industry's loan portfolio. By: Andrew Bolton
Income from loan and investments is the driving force behind the quater's 1.2% growth in total revenue. By: Janet Lee
Callahan chairman Chip Filson and senior vice president Jay Johnson discuss second quarter trends, including macroeconomic trends, loan growth, millennials, and the rising rate environment. Watch now.