Federally insured credit unions saw double-digit asset and share-and-deposit growth over the year ending in the third quarter of 2020, according to the latest NCUA Quarterly U.S. Map Review.

Nationally, median asset growth over the year ending in the third quarter of 2020 was 12% as compared to 1.9% in the third quarter of 2019, according to the report. Median growth in shares and deposits over the year ending in the third quarter of 2020 was 13.4% compared to 1.5% during the year ending in the third quarter of 2019.

Among the other highlights in the report, and compared to the third quarter of 2019:

• membership was down slightly at the median;
• loans outstanding declined 0.6% at the median;
• the median total delinquency rate was 47 basis points as compared to 61 basis points;
• the loan-to-share ratio was 62% as compared to 71%;
• the median annualized return on average assets was 42 basis points as compared to 65 basis points; and
• 82% of federally insured credit unions had positive net income as compared to 89%.

The Quarterly U.S. Map Review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on the unemployment rate and home prices, two important state-level economic indicators.