During the second quarter of 2016, the median credit union loan portfolio expanded 4.2% year-over-year. Performers in the top 20th percentile posted 12.5% growth. Credit unions in the bottom 20th percentile posted negative growth of -3.8%.
Read more about second quarter lending trends, including origination trends.
Auto loan balances hit a new high, reaching nearly $283 billion. New and used auto loans have accounted for 40.4% of growth in the total loan portfolio.
Read more about second quarter auto lending trends, including indirect trends.
Is your credit union’s performance in the top, median, or bottom percentile in these loan categories? If you don’t know, you don’t know what you’re missing. With Callahan’s Peer-to-Peer, it’s easy to determine where you fall among peers in these areas and more.
Sales to the secondary market decreased from June 2015 to June 2016, falling 1.3% to $23.6 billion. Credit unions in the bottom 20th percentile sold, on average, 16.3% of their first mortgage loan originations to the secondary market. The industry median for sales to the secondary market was 43.5%. Credit unions in the upper 20th percentile sold 83.4% on average.
Read more about second quarter mortgage trends, including trends in other real estate.
Credit card usage across all three usage percentiles declined slightly from previous midyear levels of 26.1%, 33.1%, and 41.4%.
Read more about second quarter credit card lending trends.
The median delinquency for member business loans reached 1.11%. That’s more than 3.0 percentage points lower than credit unions in the bottom 20th percentile, which reported 4.06% delinquency. Credit unions in the top 20th percentile reported an MBL delinquency rate of 0.25%.
Read more about second quarter MBL trends, including growth trends.