Alaska credit unions led the country with 92% reporting positive ROAA during the first quarter, according to the NCUA's Quarterly U.S. Map Review.

But even with a statewide average of 106 basis points of profit and 6.5% year-over-year loan growth, credit unions located in the largest state in the U.S. report they are still coming up short on loans.

The state's credit unions have plenty of money to lend and are intent on finding qualified borrowers; but, they are experiencing a lower demand than usual for consumer loans.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.