Median growth rates for loans, assets, and shares and deposits at federally insured credit unions were positive in all states in 2015, according to data compiled by the National Credit Union Administration.
Nationally, median loan growth in federally insured credit unions was 4% during the year ending in the fourth quarter of 2015, according to the NCUA. Median asset growth was 3.3%, while median growth in shares and deposits was 3.6%. The median loan-to-share ratio was 62%, up slightly from a year earlier.
The median total delinquency rate declined to .8% from .9% a year earlier, according to the NCUA.
Nationally, median growth in loans outstanding was 4% during 2015, up from 3.8% in 2014. The highest median growth rates for loans were in Washington (9%) and Alaska (8%). Median loan growth was slowest in Arkansas (.1%) and Pennsylvania (.7%).
Median asset growth at federally insured credit unions was 3.3% nationally in 2015, up from 2% a year earlier. Median asset growth was highest in New Hampshire (7.1%) and Idaho (7%). Median asset growth was slowest in New Jersey (.7%) and Delaware (1.2%).
Nationally, federally insured credit unions’ median growth rate in shares and deposits was 3.6% in 2015, up from 1.8% during the previous year. Median shares and deposits rose in each state in 2015. The median growth rate in shares and deposits was highest in Idaho (7.5%) and New Hampshire (7.1%). The growth rate in shares and deposits was lowest in New Jersey (0.5%) and Delaware (1.2%).
Nationally, the median ratio of loans outstanding to total shares and deposits was 62% in 2015, compared to 61% in 2014.
The NCUA Quarterly U.S. Map Review tracks credit union performance indicators in all 50 states and the District of Columbia. It also includes information on two key state-level economic indicators: unemployment rates and home price changes.
To learn more, see www.ncua.gov/newsroom/Pages/news-2016-march-state-maps-review.aspx.
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