FOURTH QUARTER 2014 INDUSTRY PERFORMANCE TRENDS

According to FirstLook data from Callahan & Associates, the credit union industry's assets have grown 5.9% over the past year to reach $1.14 trillion at year-end 2014. Total loan balances at credit unions topped $722 billion, up 10.7% from December 2013. This is the fastest annual loan growth since the first quarter of 2006. Here are other notable fourth quarter trends:

• Loans: Over the past year, all major loan categories — real estate, auto, and credit card — grew at a faster rate than they did in 2013. Total loan portfolio grew by nearly $70 billion from December 2013.
• Capital: Credit unions have more than $130 billion in capital, up 8.3% from one year ago.
• Members: Membership grew 3.3% over the past year and totaled 100.7 million as of Dec. 31, 2014.
• Relationships: The average member relationship — the total dollar amount of loan balances (excluding member business loans) and deposits per member — reached $16,288. That’s an increase of 3.5% from December 2013.
• Share Growth: Share growth is improving. The quarter’s 4.6% growth is up 1 percentage point from one year ago.
• The Bottom Line: Accelerating loan growth led to higher loan income, helping total revenue to rise 3.2% annually. This is the third consecutive quarter in which total revenue increased year-over-year.

FIRSTLOOK & QUARTERLY ANALYSIS

Industry Performance By The Numbers (4Q 2014)
A breakdown of the industry’s financial performance and impact in 4Q 2014.

2014 Credit Union Impact Report
How much money did credit unions lend in 2014? How much higher were the interest rates they offered on deposit products? How many workers did they employ? All that and more in this year's report.
By: Andrew Bolton

Credit Union Lending In 2014
Seven graphics highlight where the credit union industry gained the most momentum during the past year.
By: Janet Lee

2014 Credit Union Performance In 7 Charts
These seven charts highlight how things have changed in the past year and offer insight into what it means for credit unions moving forward.
By: Sam Taft

2014 Year-End Leaders In Credit Card Growth
What credit unions stood out for their spectacular credit card growth as of Dec. 31?
By: Andrew Bolton

3 Takeaways From Trendwatch 4Q 2014
The combination of balance sheet dynamics, membership preference, and marketplace performance has the credit union industry primed for growth in 2015.
By: Erik Payne

Interra Credit Union Outpaces Peers In Fourth Quarter 2014
Non-real estate lending picks up at the Indiana credit union.
By: Sam Taft

Orlando FCU Posts Year-End Mortgage Success
First mortgage loans outstanding and originations accelerated during the fourth quarter at the Florida credit union.

By: Janet Lee

McGraw-Hill Drives Auto Lending Higher
A New Jersey credit union uses two channels to boost new auto loans in fourth quarter 2014. 

By: Andrew Bolton

REPORTS FOR 4Q 2014

The Consolidated 2-Year Credit Union Financial Statement (4Q 2014)

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TRENDWATCH

This must-attend quarterly event for credit union leaders covers performance trends, industry success stories, and areas of opportunity. Callahan bases its analysis on data gathered through its FirstLook program, which means attendees will find insight they won't find anywhere else weeks before the official NCUA data release.

Callahan Clients: Watch Trendwatch 4Q 2014 On-Demand.

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