CUNA is now America's Credit Unions.
A stronger voice to advance the credit union industry.
Total loans outstanding in federally insured credit unions increased $132 billion, or 9.1%, over the year ending in the third quarter of 2023, to $1.59 trillion, according to the latest financial performance data released by NCUA.
Total assets rose by $79 billion, or 3.7%, to $2.23 trillion during the same period. Insured shares and deposits increased $23 billion, or 1.4%, to $1.72 trillion, from one year earlier. Also, for the third quarter of 2023, the delinquency rate was 72 basis points, up 19 basis points from one year earlier.
The NCUA’s Quarterly Credit Union Data Summary provides an overview of the financial performance of federally insured credit unions based on information reported to the agency in the third quarter of 2023.
As of Sept. 30, 2023, there were 4,645 federally insured credit unions with 138.8 million members.
Highlights from the NCUA’s Quarterly Data Summary Report for the third quarter of 2023 include:
The NCUA makes credit union system performance data available in the Credit Union Analysis section of NCUA.gov. The analysis section includes quarterly data summaries and detailed financial information, a graphics package illustrating financial trends in federally insured credit unions, and a spreadsheet listing all federally insured credit unions as of September 30, 2023, including key metrics.