NCUA publishes national, state performance indicators for credit unions

A “map review” of credit union industry trends, released Friday by the National Credit Union Administration (NCUA), shows a 5.4% median rate of loan growth for the credit union industry during the four quarters ending June 30, up from 4.4% the previous year.

From NCUA Map Review, Second Quarter 2018

This report is based on second-quarter 2018 call report data from all federally insured credit unions (FICUs).

The second-quarter call report data, released last week, showed credit unions’ total loans outstanding rose 9.8% during the 12 months (or four quarters) ending June 30. It showed 5.2% growth in shares and deposits, 5.8% growth in assets and return on average assets of 90 basis points. Membership was up 4.8 million members.

The “map review” released Friday offers the following highlights on median 12-month growth trends:

  • Over the year ending in the second quarter of 2018, median loan growth was positive in every state. Median loan growth was strongest in Washington (10.5%), followed by Colorado (10.3%).
  • The slowest median growth rate in loans outstanding was in New Jersey (0.7%), followed by Arkansas (1.6%).
  • Shares and deposits, nationally, logged median growth of 1.9% over the past four quarters. That’s down from 4.1% the previous year.
  • Median growth in shares and deposits was highest in Maine (5.4%) and Idaho (5.2%). It was negative in Louisiana (-1.5%), New Jersey (-0.6%), Arkansas (-0.5%), and Rhode Island (-0.2%) over the year ending in the second quarter of 2018. At the median, shares and deposits grew the least in Maryland (0.1%) and North Carolina (0.3%).

The report also gives median growth trends for membership, return on average assets, loan delinquency rates, ratio of loans to share, and the share of FICUs with positive year-to-date net income. It also provides state-level economic indicators for unemployment and home prices.

NCUA Map Review, Second Quarter 2018