According to state-level credit union data compiled by theNCUA, median loan growth for federally insured credit unionsequaled 4% for the year as of Dec. 31, with Washington and Alaskatopping the list at 9% and 8%, respectively.

Alaska remained at the top of the list compared to the previousquarter and Arkansas remained at the bottom, falling to 0.1% from the previousquarter's 0.3%, according to Friday's report. Pennsylvania came injust ahead of Arkansas at 0.7%.

Additionally, median asset growth stood at 3.3%, while mediangrowth in shares and deposits was 3.6%. The median loan-to-shareratio was 62% – an uptick from last year. The median totaldelinquency rate declined to 0.8% from 0.9% one year earlier.

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.