NCUA Releases Q4 2024 State-level Credit Union Data Report

According to the latest Quarterly U.S. Map Review released last week by the National Credit Union Administration, federally insured credit unions experienced growth in shares and deposits at the median over the year ending in the fourth quarter of 2024, while loans outstanding were unchanged. The median delinquency rate rose.

Nationally, assets in federally insured credit unions increased by 0.9 percent at the median, and shares and deposits increased by 0.8 percent over the year ending in the fourth quarter of 2024. The median total delinquency rate at the end of 2024 was 69 basis points, compared with 61 basis points at the end of 2023. Additionally, 86 percent of federally insured credit unions had positive year-to-date net income in the fourth quarter of 2024, compared with 87 percent in the fourth quarter of 2023.

The NCUA's Quarterly U.S. Map 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.