Contactinfo
Market Research: EMAIL OR CALL 800-356-8010, ext. 4172
Economics & Statistics: EMAIL OR CALL 800-356-8010, ext. 4399
CUNA Strategic Services: REQUEST INFO
150x172 Exam Survey Promo
print

Economic-Forecast-for-Credit-Unions---Data

Economic, CU Forecast

Get the text explanation of this forecast here.


Economic Forecast
(June, 2014)
  Actual Results Quarterly Results/Forecasts Annual Forecasts
  5Yr Avg 2013 2014:1 2014:2 2014:3 2014:4  2014  2015
Growth rates:
*Economic Growth (% chg GDP) 1.24% 1.90% -1.00% 3.00% 3.50% 3.55% 2.26% 3.75%
Inflation (% chg CPI) 1.60% 1.46%



2.00% 2.00%
Core Inflation (ex. food & energy) 1.64% 1.76%



2.00% 2.00%
Unemployment Rate 8.70% 7.40% 6.70% 6.30% 6.20% 6.10% 6.33% 5.80%
Fed Funds Rate 0.14% 0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.75%
10-Year Treasury Rate 2.68% 2.35% 2.75% 2.65% 2.85% 3.00% 2.81% 3.40%
* Percent change, annual rate.
All other numbers are averages for the period

Credit Union Forecast
(June, 2014)
  Actual Results Quarterly Results/Forecasts Annual Forecasts
  5Yr Avg 2013 2014:1 2014:2 2014:3 2014:4 2014 2015
Growth rates:
Savings growth* 6.0% 3.6% 3.8% -0.2% -0.4% 0.3% 3.5% 3.0%
Loan growth* 2.7% 7.3% 1.4% 3.5% 2.9% 1.8% 9.6% 10.0%
Asset growth* 5.4% 3.9% 3.1% 0.0% -0.2% 0.7% 3.6% 3.5%
Membership growth* 1.6% 2.5% 0.7% 1.0% 0.4% 0.2% 2.3% 2.3%
Liquidity:
Loan-to-share ratio** 73.9% 68.6% 67.0% 69.5% 71.8% 72.9% 72.9% 77.8%
Asset quality:
Delinquency rate** 1.46% 1.02% 0.81% 0.80% 0.80% 0.75% 0.79% 0.70%
Net chargeoff rate** 0.91% 0.57% 0.50% 0.44% 0.44% 0.46% 0.46% 0.45%
Earnings:
Return on average assets (ROA)** 0.59% 0.77% 0.77% 0.83% 0.88% 0.90% 0.85% 0.95%
Capital adequacy:
Net worth ratio** 10.3% 10.8% 10.5% 10.7% 10.9% 11.1% 11.1% 11.6%
* End of period annualized rate
**End of period ratio
See also our MCUE website
If you have any questions or comments send an email to srick@cuna.coop

Get a PowerPoint file of this info here.

150x172_Annual Report 2013Unite for Good Share your Stories100 Million CU Memberships
2014 CUNA Community Credit Union & Growth Conference