The National Credit Union Administration (NCUA) released its Quarterly U.S. Map Review for the fourth quarter of 2022 showing that federally insured credit unions experienced continued growth in assets, shares and deposits, and loans during 2022. The NCUA Quarterly U.S. Map Review for the fourth quarter of 2022 covers several key indicators of the financial health and viability of federally insured credit unions, including:
- Median four-quarter growth in assets
- Median four-quarter growth in shares and deposits
- Median four-quarter growth in members
- Median four-quarter growth in loans
- Median delinquent loans as a share of total loans
- Median loans outstanding as a share of total shares and deposits
- Median year-to-date return on average assets
- Share of federally insured credit unions with positive year-to-date net income
Nationally, median asset growth among federally insured credit unions was 1.3 percent, and median growth in shares and deposits was 0.9 percent over the year ending in the fourth quarter of 2022. Loans outstanding rose by 12.7 percent at the median over the year ending in the fourth quarter of 2022. The median total delinquency rate at the end of 2022 was 47 basis points, compared with 38 basis points in the fourth quarter of 2021. Additionally, 85 percent of federally insured credit unions had positive net income in 2022, compared with 84 percent in 2021.
To view the full NCUA Quarterly U.S. Map Review, please visit this link.