The NCUA Tuesday released its first NCUA Quarterly U.S. Map Review featuring analysis of key financial indicators on a state-by-state basis for federally insured credit unions on the regulator's website.
"The NCUA Quarterly U.S. Map Review highlights the diversity of credit union performance across the nation, reflecting local economic conditions, specific state strengths, and current challenges," said NCUA Board Chairman Debbie Matz. "This new product from the Office of the Chief Economist is part of an ongoing effort by NCUA to provide timely, easy-to-use analysis of credit union data to the public. With this information, credit unions can make better decisions and the public can gain a greater understanding of how credit unions are performing."
Credit unions' national return on average assets stood at 84 basis points in the first quarter of 2012, up 17 basis points from the year-end 2011. During the first quarter of 2012, 40 states and territories had increases in ROA compared to the first quarter of 2011. Eleven states and territories had ROA of 100 basis points or higher, while only six states had ROAs of less than 50 basis points.
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