NCUA Releases 3Q 2022 State-Level Data Report

Federally insured credit unions experienced continued asset and deposit growth over the year ending in the third quarter of 2022, while loan growth was the strongest in at least two decades, according to the latest NCUA Quarterly U.S. Map Review.

Nationally, median asset growth over the year ending in the third quarter of 2022 was 3.4 percent, down from 10.4 percent one year ago. Median growth in shares and deposits over the year ending in the third quarter of 2022 was 3.7 percent, compared with 11.5 percent a year ago. Loans outstanding at federally insured credit unions rose 10.1 percent at the median over the year ending in the third quarter of 2022. During the previous year, loans grew 2.5 percent at the median. At the end of the third quarter of 2022, the median total delinquency rate among federally insured credit unions was 40 basis points, compared with 34 basis points in the third quarter of 2021.

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