The NCUA Quarterly U.S. Map Review for the third quarter of 2018 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 third quarter of 2017 through the third quarter of 2018. 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 their states of chartering or the states in which their headquarters are located.
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 email@example.com.
Median Annual Asset Growth
|State / Territory||Median Y/Y Asset Growth (%) - Level|
- Nationally, median asset growth over the year ending in the third quarter of 2018 was 1.7 percent. In other words, half of all federally insured credit unions had asset growth at or above 1.7 percent and half had asset growth of 1.7 percent or less. In the year ending in the third quarter of 2017, the median growth rate in assets was 2.9 percent.
- Over the year ending in the third quarter of 2018, median asset growth was highest in Utah (5.6 percent), followed by Maine (5.0 percent).
- Median asset growth was negative in New Jersey (-1.2 percent), Louisiana (-0.6 percent), and Kansas (-0.4 percent) over the year ending in the third quarter of 2018. At the median, assets grew the least in Arkansas (0.2 percent) and North Carolina (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 third quarter of 2018 was 1.3 percent. In the year ending in the third quarter of 2017, the median growth rate in shares and deposits was 2.8 percent.
- Over the year ending in the third quarter of 2018, median growth in shares and deposits was highest in Idaho (6.3 percent) and Utah (6.0 percent).
- Median growth in shares and deposits was negative in six states over the year ending in the third quarter of 2018, led by New Jersey (-1.3 percent) and Kansas (-0.6 percent). At the median, shares and deposits were unchanged in Rhode Island and grew the least in North Dakota and Mississippi (both 0.1 percent).
Median Annual Membership Growth
|State / Territory||Median Y/Y Member Growth (%) - Level|
- While overall membership in federally insured credit unions continued to grow during the year ending in the third quarter of 2018, at the median, membership was roughly unchanged. Membership was also unchanged at the median over the year ending in the third quarter of 2017. Overall, almost half of federally insured credit unions had fewer members at the end of the third quarter of 2018 than a year earlier. Credit unions with falling membership tend to be small; about 75 percent had less than $50 million in assets.
- Over the year ending in the third quarter of 2018, credit unions headquartered in Alaska (3.8 percent) and Oregon (3.0 percent) posted the highest median membership growth rates.
- In 13 states, the median membership growth rate for federally insured credit unions was negative. At the median, membership declined the most in the District of Columbia (-1.6 percent), followed by Illinois (-1.5 percent). At the median, membership was unchanged in New York, Tennessee, and Virginia.
Median Annual Loan Growth
|State / Territory||Median Y/Y Loan Growth (%) - Level|
- Nationally, the median growth rate in loans outstanding was 5.9 percent over the year ending in the third quarter of 2018. The median loan growth rate during the previous year was 5.0 percent.
- Over the year ending in the third quarter of 2018, median loan growth was positive in every state. Median loan growth was strongest in Minnesota (9.6 percent), followed by Washington (9.4 percent).
- The slowest median growth rate in loans outstanding was in New Jersey (1.1 percent) followed by Connecticut (2.7 percent).
Median Total Delinquency Rate
|State / Territory||Median Total Delinquency Rate (bps) - Level|
- At the end of the third quarter of 2018, the median total delinquency rate among federally insured credit unions was 66 basis points, compared to 72 basis points in the third quarter of 2017.
- At the end of the third quarter of 2018, the median delinquency rate was highest in New Jersey (144 basis points), followed by Mississippi (118 basis points).
- The median delinquency rate was lowest in Oregon (30 basis points), followed by North Dakota and New Hampshire (both 31 basis points).
Median Loan-to-Share Ratio
|State / Territory||Median Loan to Share Ratio (%) - Level|
Loans-to-shares ratios are rounded to the nearest percentage point.
- Nationally, the median ratio of total loans outstanding to total shares and deposits (the loans-to-shares ratio) was 69 percent at the end of the third quarter of 2018. At the end of the third quarter of 2017, the median loans-to-shares ratio was 65 percent.
- The median loans-to-shares ratio was highest in Idaho (92 percent), followed by Vermont (89 percent).
- The median loans-to-shares ratio was lowest in Delaware (49 percent) followed by Hawaii (50 percent).
Median Return on Average Assets
|State / Territory||Median Annualized YTD ROAA (bps) - Level|
- Nationally, the median annualized return on average assets at federally insured credit unions was 60 basis points during the first three quarters of 2018, compared to 39 basis points during the same period of 2017.
- Nevada (110 basis points) had the highest median return on average assets during the first three quarters of 2018, followed by Oregon (93 basis points).
- New Jersey (37 basis points) had the lowest median return on average assets, followed by Massachusetts (41 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, 88 percent of federally insured credit unions had positive net income during the first three quarters of 2018, compared to 81 percent during the first three quarters of 2017.
- At least 70 percent of credit unions in every state had positive net income during the first three quarters of 2018.
- The share of federally insured credit unions with positive net income was highest in Vermont and New Hampshire (both 100 percent), followed by Maine, Wisconsin, and Oregon (all 98 percent).
- The share was lowest in the District of Columbia (74 percent), followed by Louisiana (76 percent).
Tables and Downloads
- 2018 Q3 Credit Union Summary Tables (Accessible web page)
- U.S. Summary Tables (Accessible web page)
- 2018 Q3 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.