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First mortgages added $36.3 billion to the total loan portfolio in 2018.
Delinquency in this portfolio remains the highest for any major credit union loan product.
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Loan origination growth outpaced employee growth, pushing originations per employee $16,000 higher than one year ago.
Credit unions reaped the benefits of upward rate movement and the associated repricing benefits for new loan originations in 2018.
More Americans are turning to credit unions and their member-focused, non-profit financial model.
How many credit unions offer a convenient and valuable experience that doesn't require stepping foot into a physical branch?
Annual credit union loan growth was slower in 2018 than in 2017, but there is still evidence that loan demand remains robust.
Share growth continued to lag loan growth, which put further liquidity pressure on the industry.
Callahan’s annual Executive Outlook Survey gathers insight on what’s top of mind for credit union leaders across the country as they navigate changing local and national economic conditions.