COVID-19 relief payments underpin a continued surge in deposits, challenging loan and investment portfolios to keep pace.

Deposit growth underpins a 3.4% increase in investment balances for the industry. See what else happened in the investment portfolio.

Investment balances were up 19.2% from the first quarter as consumer uncertainty powers growth in core deposits.

Lower interest rates and overall economic uncertainty pushed the investment portfolios of commercial financial institutions nationwide toward shorter allocations in the first quarter of 2020.

Join Jason Haley, managing director of ALM First's Investment Management Group and Sam Taft, assistant vice president, business development, Trust for Credit Unions, for a discussion about the latest economic and market insights along with investment trends based on 1Q 2020 Performance Data for all U.S. Credit Unions.

Cooperatives keep their sights on short-term investments as cash balances grow and participation in derivative programs declines.

Credit unions report the largest quarterly increase in investment balances on record as cash balances surge amid economic uncertainty and rate cuts push down investment yield.

Prioritizing liquidity to navigate the uncertain economic climate, institutions allocated a higher percentage of investments toward shorter-term products in 2019.

Credit unions continue to prioritize short-term liquidity, apparent in the movement's investment portfolio.

China trade, interest rate concerns make profitable risk management more critical.