Federally insured credit unions (FICUs) experienced growth in loans and the share of credit unions with positive net income increased over 2023, according to Q4 2023 state-based data released by the NCUA.
The data also revealed that delinquencies rose, while assets, shares and deposits declined. Additionally, 87% of federally insured credit unions had positive year-to-date net income in the fourth quarter of 2023, compared with 85% in the fourth quarter of 2022.
The NCUA’s Quarterly U.S. Map Review tracks performance indicators for FICUs in all 50 states and Washington, D.C., and includes information on two important state-level economic indicators: the unemployment rate and home prices.
View the latest Quarterly U.S. Map Review to access all of the data.
