The National Credit Union Administration published its quarterly U.S. Map Review which breaks down key metrics of federally insured credit unions broken down by state. Among the numbers broken down are median four-quarter growth of assets, shares & deposits, members, and loans, as well as looking at delinquency, ROA, net income, and loan-to-share ratio. The most recent release of the data breaks down the growth from Q2 2024 through Q1 2025.
Total assets of federally insured credits has grown. Furthermore, the median assets for all FCUs increased 1.9 percent, meaning half of credit unions were at 1.9 percent or higher. When compared with the same period a year ago, median growth rate in assets was negative 0.8 percent. Of the 50 states + D.C., all but 4 were positive, with Maine leading the way at 6.2 percent. California, D.C., New Jersey, and Delaware were those in the negative, with Delaware suffering the most at negative 2.5 percent.
Similarly, median growth in shares in deposits was higher for the four-quarter period ending Q1 2025 (1.8%) than Q1 2024 (-2.1%). 47 of 51 states + DC were at a median growth of 0% or above, with only D.C., West Virginia, New Jersey, and Delaware demonstrating negative growth.
NCUA also reported that nationally membership at federally insured credit unions has declined by 0.5 percent at the median, compared with a 0.3 percent decrease the year before, with 55 percent of FCUs losing members over the time period. Loan growth has also slowed down significantly with outstanding loans at the median decreasing by 0.3 percent, compared with a 3.9 percent increase the year prior.
The loan growth at the median is decreasing, total loans outstanding increased $53 billion this last quarter, according to the most recent Quarterly Credit Union Data Summary, which was also recently published. The report also points to the continuing consolidation of credit unions—NCUA reports 161 fewer credit unions compared with last year, adding “the year-over-year decline is consistent with long-running industry consolidation trends.” On average over the last ten years, the number of credit unions has declined by 3.36 percent. At that rate, the number of federally-insured credit unions will dip below 4,000 in 2028. In 2015, NCUA reported 6,206 FCUs in Q1.
For the complete U.S. map breakdown, visit the NCUA website.
