The NCUA Quarterly U.S. Map Review for the first quarter of 2019 covers several key indicators of the financial health and viability of federally insured credit unions, including:1
- Median four-quarter growth in assets,
- Median four-quarter growth in shares and deposits,
- Median four-quarter growth in members,
- Median four-quarter growth in loans,
- Median delinquent loans as a share of total loans,
- Median loans outstanding as a share of total shares and deposits,
- Median year-to-date return on average assets, and
- Share of federally insured credit unions with positive year-to-date net income.
Four-quarter growth is the growth from the end of the first quarter of 2018 through the first quarter of 2019. Most maps shown in this review display medians, or the 50th percentile of the distribution of the variable. In other words, for a given metric, half of all credit unions had a value at or above the median, while the other half had a value that was less than or equal to the median.2
Data presented in this review are rounded. Unless otherwise noted, indicators in percentages are rounded to the nearest tenth of a percentage point, while indicators in basis points are rounded to the nearest basis point. In the legends, the data range in each color band excludes the value of the lower bound but includes the value of the upper bound of the range. Credit unions are included in the state in which their headquarters’ mailing address is located or in their state of chartering, if different.
NCUA makes information about the financial performance of federally insured credit unions available through its online Research a Credit Union tool. Through this link, you can locate information contained in an individual credit union’s Call Report as well as obtain a Financial Performance Report and summary documents about a credit union’s performance.
For comments or suggestions about the NCUA Quarterly U.S. Map Review, please send an email to firstname.lastname@example.org.
Median Annual Asset Growth
|State / Territory||Median Y/Y Asset Growth (%) - Level|
- Nationally, median asset growth over the year ending in the first quarter of 2019 was 1.6 percent. In other words, half of all federally insured credit unions had asset growth at or above 1.6 percent, and half had asset growth of 1.6 percent or less. In the year ending in the first quarter of 2018, the median growth rate in assets was 2.2 percent.
- Over the year ending in the first quarter of 2019, median asset growth was highest in Idaho (6.2 percent), followed by Alaska (5.5 percent).
- Median asset growth was negative in New Jersey (-1.0 percent) and Kansas (-0.4 percent) over the year ending in the first quarter of 2019. At the median, assets grew the least in Louisiana (0.1 percent) and West Virginia (0.3 percent).
Median Annual Share and Deposit Growth
|State / Territory||Median Y/Y Deposit Growth (%) - Level|
- Nationally, median growth in shares and deposits over the year ending in the first quarter of 2019 was 1.1 percent. In the year ending in the first quarter of 2018, the median growth rate in shares and deposits was 2.1 percent.
- Over the year ending in the first quarter of 2019, median growth in shares and deposits was highest in Alaska and Idaho (both 5.1 percent), followed by Utah (4.9 percent).
- Median growth in shares and deposits was negative in New Jersey (-1.6 percent), Kansas (-0.7 percent), Connecticut (-0.2 percent), and Illinois (-0.1 percent) over the year ending in the first quarter of 2019. At the median, shares and deposits were unchanged in Arkansas, North Carolina, and West Virginia and grew the least in Virginia (0.1 percent) and Louisiana and Texas (both 0.2 percent).
Median Annual Membership Growth
|State / Territory||Median Y/Y Member Growth (%) - Level|
- Nationally, median growth in membership over the year ending in the first quarter of 2019 was 0.2 percent. In the year ending in the first quarter of 2018, membership was unchanged at the median.
- Over the year ending in the first quarter of 2019, credit unions headquartered in Alaska (2.9 percent) and Nevada (2.6 percent) posted the highest median membership growth rates.
- In 14 states, the median membership growth rate for federally insured credit unions was negative. At the median, membership declined the most in Illinois (-1.4 percent), followed by New Jersey and Pennsylvania (both -1.3 percent). At the median, membership was unchanged in Maryland, Louisiana, Texas, and West Virginia. Credit unions with falling membership tend to be small: about 75 percent had less than $50 million in assets.
Median Annual Loan Growth
|State / Territory||Median Y/Y Loan Growth (%) - Level|
- Nationally, the median growth rate in loans outstanding was 5.8 percent over the year ending in the first quarter of 2019. The median loan growth rate during the previous year was 5.0 percent.
- Over the year ending in the first quarter of 2019, median loan growth was positive in every state. Median loan growth was strongest in Missouri (9.6 percent), followed by Minnesota (9.2 percent).
- The slowest median growth in loans outstanding was in New Jersey (0.5 percent) and Arkansas (0.9 percent).
Median Total Delinquency Rate
|State / Territory||Median Total Delinquency Rate (bps) - Level|
- At the end of the first quarter of 2019, the median total delinquency rate among federally insured credit unions was 54 basis points, compared to 60 basis points in the first quarter of 2018.
- At the end of the first quarter of 2019, the median delinquency rate was highest in New Jersey (133 basis points), followed by West Virginia (105 basis points).
- The median delinquency rate was lowest in Nevada (27 basis points), followed by New Hampshire and Oregon (both 28 basis points).
Median Loan-to-Share Ratio
|State / Territory||Median Loan to Share Ratio (%) - Level|
- Nationally, the median ratio of total loans outstanding to total shares and deposits (the loans-to-shares ratio) was 68 percent at the end of the first quarter of 2019. At the end of the first quarter of 2018, the median loans-to-shares ratio was 64 percent.
- The median loans-to-shares ratio was highest in Vermont (88 percent), followed by Idaho (87 percent).
- The median loans-to-shares ratio was lowest in Delaware (49 percent) and Hawaii and New Jersey (both 51 percent).
Median Return on Average Assets
|State / Territory||Median Annualized YTD ROAA (bps) - Level|
Loans-to-shares ratios are rounded to the nearest percentage point.
- Nationally, the median annualized return on average assets at federally insured credit unions was 56 basis points during the first quarter of 2019, compared to 48 basis points during the first quarter of 2018.
- Nevada, New Mexico, Oregon, and Utah (all 86 basis points) had the highest median annualized return on average assets during the first quarter of 2019, followed by South Carolina (83 basis points).
- Connecticut (35 basis points) had the lowest median annualized return on average assets, followed by New Jersey (36 basis points).
Share of Credit Unions with Positive Net Income
|State / Territory||Share of FICUs with Positive YTD Net Income (%) - Level|
Shares on this page are rounded to the nearest percentage point.
- Nationally, 86 percent of federally insured credit unions had positive net income during the first quarter of 2019, compared to 83 percent during the first quarter of 2018.
- At least 60 percent of credit unions in every state had positive net income during the first quarter of 2019.
- The share of federally insured credit unions with positive net income was highest in Nevada, New Hampshire, and Vermont (all 100 percent), followed by Maine and New Mexico (both 98 percent).
- The share was lowest in the Arkansas (64 percent), followed by Louisiana (76 percent).
Tables and Downloads
- 2019 Q1 Credit Union Summary Tables (Accessible web page)
- U.S. Summary Tables (Accessible web page)
- 2019 Q1 Credit Union Indicators Table (ZIP workbook)
- Download CSV for NCUA Quarterly Map Review - Economic Indicators Summary
- Download CSV for NCUA Quarterly Map Review - Credit Union Indicators Summary
1 Overseas territories—Guam, Puerto Rico, and the Virgin Islands— are included in the calculations of the U.S. statistics and the maps and reported in the summary indicators tables at the end of this report. Due to the small number of credit unions in each, however, they are not represented in the text.
2 Technically, by construction of the median, there can be several credit unions “tied” at the median value.