Federally insured credit unions, overall, experienced continued growth in assets and loans during 2021, an increase in return on average assets, and a decline in total delinquency rate, according to the latest Quarterly U.S. Map Review released Tuesday by the NCUA.
Among the findings in the Q4 2021 U.S. Map Review:
- nationally, median asset growth among federally insured credit unions was 8.8%;
- median growth in shares and deposits was 9.6% over the year ending in the fourth quarter of 2021;
- median total delinquency rate at the end of 2021 was 38 basis points, compared with 51 basis points in the fourth quarter of 2020; and
- 84% of federally insured credit unions had positive net income in 2021, compared with 82% in 2020.
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.