CUNA has released the November 2019 edition of the Economic Update, in which Chief Economist Mike Schenk explores the disconnect between continued economic success nationally and the actual results of that success for everyday people.

Despite increase in balances, debt burdens are more than offset by the returns education provides.

Credit union growth in 2018 was the fastest recorded since 1986, according to the latest industry data presented in the December CUNA Economic Update. Sponsored by CUNA Financial Council, the update addresses data from NCUA’s third quarter call report.