According to the National Credit Union Administration’s latest Quarterly U.S. Map Review, federally insured credit unions showed growth in shares and deposits at the median for the year ending in the fourth quarter of 2024, though loans outstanding remained unchanged. The report also indicated a rise in the median delinquency rate.
Nationally, assets in federally insured credit unions rose by 0.9 percent at the median, with shares and deposits increasing by 0.8 percent over the same period. At the end of 2024, the median total delinquency rate was recorded at 69 basis points, up from 61 basis points at the end of 2023. Furthermore, 86 percent of federally insured credit unions reported positive year-to-date net income in Q4 2024, slightly down from 87 percent in Q4 2023.
The NCUA’s Quarterly U.S. Map Review provides performance indicators for federally insured credit unions across all states and the District of Columbia and includes data on two significant state-level economic indicators: unemployment rates and home prices.
The NCUA is an independent federal agency established by Congress to regulate, charter, and supervise federal credit unions. It manages the National Credit Union Share Insurance Fund with support from the United States government, insuring deposits for more than 135 million account holders in federal credit unions and most state-chartered credit unions. Additionally, it focuses on consumer protection and financial literacy education.
For further information or media inquiries, contact Joe Adamoli via email at JAdamoli@ncua.gov or phone at 703-518-6572.
