The National Credit Union Administration released its first-quarter 2025 Quarterly Credit Union Data Summary Report, showing that total assets at federally insured credit unions rose by USD 60 billion, or 2.6%, over the year to USD 2.37 trillion, while total loans outstanding increased by USD 53 billion, or 3.3%, to USD 1.65 trillion. Net interest margin was USD 75.6 billion at an annual rate through the first quarter of 2025, or 3.24% of average assets, compared with USD 68.4 billion at an annual rate, or 3.00% of average assets, in the year-to-date period through the first quarter of 2024. Shares and deposits grew by USD 86.1 billion, or 4.5%, to USD 2.02 trillion, including USD 53.2 billion, or 10.3%, growth in share certificate accounts to USD 571.0 billion. Net income totaled USD 15.7 billion at an annual rate, up 4.6% year on year, with interest income up 7.3% to USD 118.5 billion at an annual rate and non-interest income down 7.4% to USD 24.6 billion. System net worth increased 5.9% to USD 259.3 billion and the aggregate net worth ratio rose to 10.95% from 10.61% a year earlier; as of March 31, 2025, there were 4,411 federally insured credit unions with 143.2 million members.
National Credit Union Administration 2025-06-05
National Credit Union Administration publishes first-quarter 2025 performance data showing asset and loan growth across federally insured credit unions
The National Credit Union Administration's Q1 2025 report shows federally insured credit unions' total assets rose by USD 60 billion to USD 2.37 trillion, with loans increasing by USD 53 billion to USD 1.65 trillion. Net interest margin improved to 3.24% of average assets, while shares and deposits grew by USD 86.1 billion to USD 2.02 trillion. Net income increased 4.6% to USD 15.7 billion, with system net worth up 5.9% to USD 259.3 billion and the net worth ratio rising to 10.95%.