Collectively, credit unions in 41 states reported improvedreturn on average assets statistics during the fourth quarter of2012, according to the latest Quarterly U.S. Map Reviewreleased Tuesday by the NCUA. Forty four states reported positiveloan growth, led by North Dakota with a 15.2% annualized increase in total loansoutstanding.
|“Our analysis shows credit unions are growing as the economyimproves, making investments in their members and communities,”NCUA Chairman Debbie Matz said. “This mapping tool providesimportant benchmarks on industry performance at the groundlevel.”
- SEE the NCUA state-by-state map and moreCredit Union Timesanalysis.
Nationally, ROAA at federally insured credit unions remainedsteady from third quarter, at 86 basis points. The share of creditunions with positive ROAA rose in 41 states and Puerto Rico, wasunchanged in Wyoming, Guam, and the Virgin Islands, and declined ineight states and the District of Columbia.
|Total loans outstanding grew at an annual rate of 4.6% inthe fourth quarter. North Dakota and Oklahoma posted the fastestloan growth rates. Loans declined in six states and territories,led by Nevada's 13.2% decline.
|Asset growth in 2012 outpaced the previous year, with anannualized rate of 6.2% in the fourth quarter. Iowa and NorthDakota had the fastest asset growth in the fourth quarter, and onlyNevada posted an asset decline (-6.5%) during that period.
|The fullreport is available on the NCUA's website
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