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CUNA Research Reports

CU Snapshot

 Apr '17Mar '17
# of CUs 5,926 5,953
Members
(millions)
111.2110.7
Total Assets
($ billions)
$1,381.2$1,374.7
Total Savings
($ billions)
$1,161.4$1,163.6
Net Cap.
Assets
10.4%10.4%
Loans to Savings79.3%78.2%
Loan Delinq.0.8%0.7%

         Credit Union Indicators

QUICK TAKE: Save your data

Data will be used in surprising ways in the future.

Become a hoarder of data. Every piece of data might turn out to be valuable and important down the road, says John Best, president/CEO of Best Innovation Group, in the 2016-2017 CUNA Environmental Scan Video.

"It's going to surprise you how this stuff all links together," Best says. "Credit unions are sitting on a treasure trove of data. We know what members buy. We know where they buy it. We know how they bought it. We know what they might buy in the future. That may seem creepy and I get that. But we're going to have to get over that, because others are doing it, and they're not bettering people's lives the way credit unions can."