INDUSTRY PERFORMANCE

CREDIT UNIONS @ SEPT 30, 2018


 

Looking for more insight? Make Industry Performance a regular stop in your CreditUnions.com browsing. You'll find performance trend updates and analysis of industry and credit union trends from Callahan & Associates.


3Q 2018 Data

5.5%

Investments

Total investments are expected to fall 5.5% from last year as credit unions continue to divert investments to fund loan growth.

4.5%

Membership

Membership growth is expected to accelerate to 4.5%, up from 4.0% last September, adding 5 million new members over the year.

0.73%

Cost of Funds

The average cost of funds is projected to increase 11 basis points year-over-year and 3 basis points since 2Q18 to 0.73% this quarter.



Quarterly Data Blogs

Investments By The Numbers

Cash and investment balances at credit unions fell 5.4% year-over-year, however, investment yields reached the highest third quarter level since September 2010.

Lending By The Numbers

Total loans at U.S. credit unions increased 9.5% in the third quarter of 2018 and reached an all-time high.

Credit Cards By The Numbers

Credit card balances were up 8.4% annually to $59.9 billion as of Sept. 30, 2018.

Auto Lending By The Numbers

Total auto balances were on the rise as annual growth surpassed 10.8% in the third quarter of 2018.

Shares By The Numbers

Deposit balances were on the rise as annual growth hit 5.0% in the third quarter of 2018.

Members By The Numbers

New members as well as new relationships grew at U.S. credit unions in the third quarter of 2018.

Earnings By The Numbers

ROA for credit unions hit 0.96%. This is the highest it has been since the third quarter of 2003.

Mortgages By The Numbers

First mortgage balances at credit unions were up 9.9% as of Sept. 30, 2018.

3 Takeaways From Trendwatch 3Q 2018

Membership growth, earnings gap, and lending market share — find out how credit unions performed in the third quarter.

Performance Pop Quiz: Have Credit Union Earnings Reached New Heights?

Test your knowledge of third quarter industry trends with this quiz on earnings by Callahan & Associates.

Loan Growth And Asset Quality In Third Quarter 2018

Lending is strong, asset quality is, too, as third quarter performance data rolls in.

12 Months. 365 Days. 5 Million Members.

The movement’s membership base is growing. How are credit unions responding?

 

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.

WATCH NOW

Start Your Analysis

Start Now

Want More Great Content?

Sign up for a CreditUnions.com daily or weekly newsletter.

Sign Up Now

Want More Analysis?

Check out all the data analysis tools Callahan & Associates has to offer.

Learn More