The results on financial performance of federally insured credit unions for the quarter ending March 31, 2019 are now available from the National Credit Union Administration and include an overview of the quarterly Call Report data, as well as tables showing the recent history of major credit union performance indicators.
Some key takeaways include:
- Total assets in federally insured credit unions rose by $91 billion, or 6.3 percent, over the past four quarters to $1.5 trillion.
- Total loans outstanding increased $77 billion, or 7.9 percent, over the past four quarters to $1.1 trillion.
- The delinquency rate at federally insured credit unions was 58 basis points in the first quarter of 2019, down from 66 basis points from one year earlier.
- The number of credit unions with a low-income designation rose to 2,571 in the first quarter of 2019 from 2,544 one year earlier.
- Federally insured credit unions added 4.6 million members over the year, and credit union membership in these institutions reached 117.3 million in the first quarter of 2019.
The NCUA also makes extensive credit union system performance data available in the Credit Union Analysis section of NCUA.gov. The analysis section includes quarterly data summaries as well as detailed financial information and a graphics package illustrating financial trends in federally insured credit unions.