Members are feeling more confident about buying large-ticketitems, so much so that credit union savings balances are trendingtoward a new low.

“We expect credit union savings balances to increase only 3.5%in 2014, the lowest since 2005, as credit union members loosentheir purse strings and increase their purchases of durable goods(on) items that last three years or longer like cars, appliancesand furniture,” Steve Rick, CUNA Mutual Group chief economist said.

In May, the latest month tracked in CUNA Mutual's JulyCredit Union Trends Report, credit union savings balances rose 1%. That small increase pushedyear-to-date savings growth up to 4.1%, and 3.7% year overyear.

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