Credit Union and Economic Reports

Credit Union Trends Report

The Credit Union Trends Report is a quarterly "pulse check" on the state of the credit union marketplace, often placed in a historical context. The report includes data from two months prior and is published and distributed by Steven Rick from TruStage™.

Q2 2025

• Credit union return-on-asset ratios averaged 0.65% in the first quarter of 2025, 2 basis points higher than the 63 basis points reported in the first quarter of 2024.
• Credit union loan balances rose 0.6% in the first quarter of 2025, below the 1.1% average during the 2013–2019 time period.
• Credit union yield on asset ratios rose to 5.06% in the first quarter of 2025, the highest since 2008.
• New vehicle sales fell in June to a 15.3 million seasonally-adjusted annualized sales rate — down 1.7% from May.
• The contract interest rates on a 30-year fixed-rate conventional home mortgage fell to 6.67% in July, down from 6.85% in June and lower than the 6.92% reported in July 2024.

Past reports

February 2025

Real home prices rose 3.1% in 2024, almost twice the long run pace of 1.6%.

January 2025

We are forecasting real gross domestic product to rise 2.3% in 2025, slightly above the long-run average of 2%, creating the “soft landing” scenario the Federal Reserve is shooting for.

Economic report

Q2 2025

• Consumer credit fell 0.8% during the last 12 months for all lenders in the U.S.
• Expect credit union loan balances to rise 4.5% in 2025 and 5% in 2026.
• Inflation rose 2.7% during the last year, as measured by the core personal consumption expenditures (PCE), above the Federal Reserve's target of 2%.
• Expect the Federal Reserve to lower interest rates in September and December by 0.25% each time.
• Expect credit union saving balances to rise 6% in 2025 and 7% in 2026.