Federally insured credit unions experienced growth in assets, shares and deposits, and loans outstanding over the year ending in the first quarter of 2022, according to the latest Quarterly U.S. Map Review released Tuesday by NCUA.

Nationally, median asset growth for federally insured credit unions over the year ending in the first quarter of 2022 was 5.2%, compared with growth of 17.1 percent during the same period a year earlier. Median growth in shares and deposits over the year ending in the first quarter of 2022 was 5.7%, compared with 19.5% during the same period a year ago.

Loans outstanding rose 4.6% at the median over the year ending in the first quarter of 2022. This stands in contrast to the previous year when loans declined 0.4% at the median. The median total delinquency rate among federally insured credit unions was 31 basis points at the end of the first quarter of 2022, compared with 34 basis points in the first quarter of 2021.

Overall, 77% of federally insured credit unions had positive net income in the first quarter of 2022, compared with 78% in the first quarter of 2021. At least 55% of credit unions in every state and the District of Columbia had positive net income in the first quarter of 2022. The median annualized return on average assets at federally insured credit unions was 42 basis points in the first quarter of 2022, compared with 38 basis points in the first quarter of 2021.

NCUA’s Quarterly U.S. Map Review tracks performance indicators for federally insured credit unions in all 50 states and the District of Columbia and includes information on two important state-level economic indicators: the unemployment rate and home prices.