The loan delinquency rate was up at credit unions at midyear, compared to a year earlier, as credit union assets also grew during the same period, their federal regulator said Monday.
In a release, the National Credit Union Administration (NCUA) said its second quarter system performance data showed the delinquencies at 96 bp, up 6 bp from the same point a year earlier. Another common yardstick for measuring credit quality, the charge-off rate, was 78 bp, NCUA said. The agency noted that rate was “little changed from the second quarter of 2025.”
Asset growth was 5% over the one-year period, NCUA said, by $120 billion to a total of $2.5 trillion. Driving that growth was savings, which rose $80 billion, or 4.3%, to a total of $1.91 trillion, according to the agency. Lending also grew during the period, expanding by $82 billion (4.9%) to a total of $1.76 billion.
The ratio of loans to savings at credit unions, at 82.9%, show that credit unions are not very liquid, although the ratio did decline from 83.1% a year earlier, NCUA said.
NCUA said the average outstanding loan balance in the second quarter was $19,906, up 5.2%, from one year earlier.
NCUA Releases Second Quarter 2026 Credit Union System Performance Data
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