State-by-state analysis of Q1 ’18 by NCUA singles out successes

June 14, 2018 --NCUA released state-level data that shows federally insured credit unions grew across the country during the first quarter of 2018.

Nationally, median loan growth in federally insured credit unions was 5.0 percent during the year ending in the first quarter. Median asset growth was 2.2 percent; the median rate of growth in shares and deposits was 2.1 percent; and the median loans-to-shares ratio was 64 percent.

Some notable state leaders are:

  • Oregon had the highest median loan growth rate at 11 percent.
  • Vermont had the highest median asset growth rate at 7.2 percent and the highest median growth in shares deposits at 5.9 percent.
  • Nevada (89 basis points) had the highest median annualized return on average assets.