Despite deposit yields remaining at near historic lows, it hasnot discouraged members from seeking the safe haven of insureddeposits.

Member savings are up 4.2% year to date and 6.2% on an annual basis,according to CUNA Mutual Group's July Credit Union Trends Report,which tracked data through May. First quarter data revisionsincreased savings estimates by $3.9 billion.

Members' choice of deposit accounts indicates yield is not a primaryconsideration, wrote Dave Colby, chief economist at CUNA Mutual, inthe report. Rather, there may be “a renewed sense of caution bymembers with respect to protecting their financial assets in thesetimes of economic and political uncertainty,” according toColby.