NCUA releases state-by-state 2Q CU trends

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Sept. 6, 2012 – NCUA released a second-quarter, state-by-state snapshot of credit union trends Wednesday that shows credit unions in North Dakota, New Mexico, New York and other states turning in better-than-average performances in ROA, asset growth and growth in deposits, loans membership.
 
NCUA Chairman Debbie Matz noted that credit unions are doing well overall nationally. “These state-by-state analyses will help credit union officials easily see the various indicators of economic recovery in their state and region,” she said.
 
Last week, the agency released second-quarter data showing federally insured credit unions’ loan growth, which improved in nearly every category, at its highest since 2008. Membership grew during the second quarter by 643,000, pushing the year’s gain to 1.3 million.
 
The state-by-state snapshot, titled the Quarterly U.S. Map Review, also provides a look at loan delinquency and charge-off rates. It also includes tables on state unemployment rates and changes in state home price indices.