2019 Lending Roadmap: What’s in store for credit unions
Expect solid loan growth to continue next year due to a strong economy and ‘supremely confident’ consumers.

Strong labor market continues
The September unemployment rate declined from 3.9% to 3.7%, its lowest level since 1969.

Auto loans to lead growth
Average age of cars on the road is at an all-time high, suggesting healthy underlying demand.

Business lending growth should remain strong
Trade disputes threaten to derail certain industries.

CUs’ mortgage market share continues to rise
‘We expect credit unions to continue to outperform in the mortgage arena.’

Asset quality remains high
Delinquencies should finish the year at 0.75%, then drift up to 0.85% by year-end 2019.