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 the latest NCUA Quarterly U.S. Map Review.

Nationally, median asset growth over the year ending in the third quarter of 2024 was 0.3 percent. That compares with a 1.6 percent 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 negative 0.4 percent, compared with negative 3.5 percent a year ago. Loans outstanding at federally insured credit unions rose 0.9 percent at the median over the year ending in the third quarter of 2024. During the previous year, loans increased by 8.5 percent at the median. 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.

Nationally, 85 percent of federally insured credit unions had positive year-to-date net income in the third quarter of 2024, compared with 87 percent in the first three quarters of 2023. The annualized median return on average assets at federally insured credit unions was 64 basis points in the first three quarters of 2024, compared with 67 basis points in the first three quarters 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 important state-level economic indicators: the unemployment rate and home prices.