NCUA releases Q2 2024 state-level credit union data report

by America's Credit Unions

Total assets, shares and deposits, and membership at federally insured credit unions declined at the median over the year ending in the second quarter of 2024, while loans outstanding increased. This is according to NCUA’s latest Quarterly U.S. Map Review.

Highlights include:

  • Nationally, median asset growth was negative 0.2% for the year ending in the second quarter of 2024, compared with 1% for the year ending in the second quarter of 2023;
  • The median growth in shares and deposits over the year ending in the second quarter of 2024 was negative 1.2%, compared with negative 2.4% the previous year;

 

continue reading »