Page 11 - Michigan Credit Union League: 2018 CRI Report
P. 11

Committed to Personal Lending:                                                                                                                                      2018 Community Reinvestment Report
    Michigan Consistently Outpaces the National Average

                              Total Loan Growth

    12                                                                                 10.5%                    11.6%                   11.5%  11.6%
    10                                                                                                 10.5%           10.7% 10.2%              10%

    8                                                                                                                                          2017

    6                                            7.6%                                  7.6%

    4

        3.8%                               3.8%

    2

    0

              2012                                     2013                                       2014       2015      2016

                                                 National Rate                                          Michigan Rate

                                                 Segmented Loan Growth

                                                             U.S. Q4 2017 YTD vs. MI Q4 2017

20

                                                                                  20%

15

10                                               13%                                              12%        12%

                                       9%                                                    10%        10%                      9%            9%
                                                                                                                       7%                                7%
5 7%

0

        Credit Cards                             New Auto                                    Used Auto  First Mortgage HEL & Second            Other Unsecured
                                                                                                                                     Mortgage          Loans

                                                 U.S. Loan Growth                                       Michigan Loan Growth

                                                                                                                                               Source: CUNA Call Report Data, Q4 2017

                                                                                                                                                                                       10
   6   7   8   9   10   11   12   13   14   15   16