INDUSTRY PERFORMANCE

CREDIT UNIONS @ MAR 31, 2018

 

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1Q 2018 Data

4.3%

Member Growth

First quarter member growth hit 4.3%, bringing total membership to more than 114 million Americans. This is the seventh consecutive quarter the credit union industry has posted member growth of 4% or greater — a first for the movement.

20.2%

Auto Market Share

A record 20.2% of consumers used a credit union to buy a car in the first quarter of 2018. That’s up approximately 1.5 percentage points from one year ago. On a related note, the industry posted its highest consumer loan market share since before the Great Recession, at 13.2%.

14.2%

Revenue Growth

First quarter total revenue at credit unions was approximately $17.7 billion. That’s a 14.2% year-over-year increase for the category, which includes interest income, fee income, and other operating income.

1Q18 Downloads Subscribe to a newsletter for alerts.


Consolidated CU Financial Statement   Performance Scorecard   Summary of Financial Profiles

Quarterly Data Blogs

Auto Lending By The Numbers (1Q18)

Credit union auto lending growth revs up top-line growth.

Deposits By The Numbers (1Q18)

Increases in most deposit products helped total share balances top $1.2 trillion in the first quarter of 2018.

Earnings By The Numbers (1Q18)

Insight into the drivers of 1Q18's revenue growth.

Investments By The Numbers (1Q18)

Credit union investments shift in a rising rate environment.

Lending By The Numbers (1Q18)

First quarter lending at credit unions contributed to an expanding balance sheet.

Members By The Numbers (1Q18)

Credit union membership reached a new high, and first quarter growth was the highest it’s been in 15 years.

Mortgages By The Numbers (1Q18)

Real estate loans are among the best performing loans in the credit union portfolio. See what happened in the first three months of the year.

How Many Credit Unions Make Private Student Loans?

Student lending at credit unions increased 14.0% to $4.0 billion in the first quarter of 2018. Test your knowledge of student lending in this data quiz.

What Percentage Of Total Income At Credit Unions Comes From Fees?

Take this industry performance pop quiz from Callahan & Associates to learn about trends in income.

What Is The Largest Segment Of The Credit Union Investment Portfolio?

Take this industry performance pop quiz from Callahan & Associates to learn about trends in credit union investments.

3 Takeaways From Trendwatch 1Q 2018

Member, market share, and revenue growth lead the way.

Is The Cost Of Funds At A Record High?

Take this industry performance pop quiz from Callahan & Associates to learn about trends in cost of funds.

 

Trendwatch

This must-attend quarterly event for credit union leaders covers performance trends, industry success stories, and areas of opportunity. Viewers will find insight they won't find anywhere else weeks before the official NCUA data release.

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Strategy & Performance 1Q 2018

The first quarter issue of Strategy & Performance showcases the success of the first three months of the year while offering insight into how to push for even more. Pick up the issue for:

  • Analysis of the industry's performance through the first quarter.
  • Vetted practices and personal insights from Jeanne D’Arc Credit Union.
  • Advice on how to make the most of data analytics without creeping out members
  • Plus, a review of the buzziest words in financial services via The Last Word’s “Buzz Word Bingo.”

Strategy & Performance is available to read now. Grab your copy today.

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