NCUA releases Q3 2024 state-level credit union data report
Total assets and loans at federally insured credit unions rose at the median over the year ending in the third quarter of 2024, while shares and deposits declined, according to NCUA’s latest Quarterly U.S. Map Review.
Highlights include:
- Nationally, median asset growth over the year ending in the third quarter of 2024 was 0.3%, compared with a 1.6% decline during the same period one year ago;
- Median growth in shares and deposits over the year ending in the third quarter of 2024 was -0.4%, compared with -3.5% a year ago;
- Loans outstanding at federally insured credit unions rose 0.9% at the median over the year ending in the third quarter of 2024;
- During the previous year, loans increased 8.5% at the median; and
- At the end of the third quarter of 2024, the median total delinquency rate among federally insured credit unions was 65 basis points, compared with 53 basis points at the end of the third 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. It also includes information on two state-level economic indicators: the unemployment rate and home prices.