ALEXANDRIA, Va. (9/10/14)--Arizona credit unions saw the biggest median loan growth in the second quarter, followed closely by Idaho credit unions, according to the National Credit Union Administration. The agency released its quarterly map review data Tuesday for the second quarter, which ended June 30.
According to the data, overall median growth rates for assets and shares slowed from the previous year, while delinquencies remained steady. The median loan-to-share ratio increased, while the median return on average assets was slightly lower than the year before.
Highlights of the data, for the year ending June 30:
The NCUA Quarterly U.S. Map Review, prepared by NCUA's Office of the Chief Economist, tracks performance indicators for federally insured credit unions in the 50 states and the District of Columbia. The review now shows median growth rates, meaning half of all credit unions will have higher rates and half lower.
According to the NCUA, the use of medians is preferable because medians, unlike state aggregates, are less influenced by the performance of very large institutions.
Use the resource link below to access the full review.