07/27/2021 07:39 pm
MADISON, Wis.–Overall credit union loan balances rose 0.8% in May, down from the 1.1% of a year earlier and 4.5% over the past year, but the growth in fixed-rate first mortgages raises “concerns” over interest rate risk when rates begin rising again, according to the newest Credit Union Trends Report released by CUNA Mutual.