ALEXANDRIA, Va. (Sept. 14, 2018) – Federally insured credit unions generally saw continued positive trends in the second quarter of 2018, according to the latest NCUA Quarterly U.S. Map Review.
The review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on two important state-level economic indicators: the unemployment rate and home prices.
Nationally, overall membership continued to grow, concentrated in larger credit unions. Eighty-five percent of federally insured credit unions reported positive net income during the first half of 2018. Median loan growth was 5.4 percent and median asset growth was 2.1 percent during the year ending in the second quarter.