Besides Greater Nevada, the six others with losses exceeding $10 million are listed below, and more context is available by clicking on the links on the credit union names:

Georgia's Own Credit Union of Atlanta ($4.2 billion in assets, 238,034 members) lost $32.5 million (ROA -3.10%) in the third quarter after earning $5.4 million (ROA 0.50%) a year earlier and after losing $23.6 million (ROA -2.20%) in the previous quarter.
U.S. Eagle Federal Credit Union of Albuquerque, N.M. ($1.4 billion in assets, 98,869 members) lost $28.8 million (ROA -8.08%) in the third quarter after earning $577,630 (ROA 0.16%) a year earlier and after losing $10 million (ROA -2.76%) in the previous quarter.
True Sky Federal Credit Union of Oklahoma City ($759.6 million in assets, 64,470 members) lost $22.4 million (ROA -11.67%) in the third quarter after losing $312,115 (ROA -0.15%) a year earlier and after earning $880,368 (ROA 0.45%) in the previous quarter.
First Technology Federal Credit Union of San Jose, Calif. ($27.5 billion in assets, 1.9 million members) lost $19.8 million (ROA -0.29%) in the third quarter after earning $36.5 million (ROA 0.49%) a year earlier and after earning $38.8 million (ROA 0.76%) in the previous quarter. Digital Federal Credit Union of Massachusetts acquired First Tech on Jan. 1, then took First Tech's name and headquarters. The two credit unions were similar in size, and the results before 2026 have been restated as if they had been combined.
ESL Federal Credit Union of Rochester, N.Y. ($10.8 billion in assets, 484,392 members) lost $11.3 million (ROA -0.42%) in the third quarter after earning $51.6 (ROA 2.11%) a year earlier and after earning $122.1 million (ROA 4.72%) in the previous quarter.
Hughes Federal Credit Union of Tucson, Ariz. ($2.5 billion in assets, 189,925 members) lost $10.3 million (ROA -1.63%) in the third quarter after earning $2.4 million (ROA 0.37%) a year earlier and after earning $1.6 million (ROA 0.24%) in the previous quarter.

Hughes's loss stemmed from a $28.4 million loan loss provision, which was an annualized 4.48% of its average assets in the quarter. Its expected credit losses were also elevated in last year's fourth quarter and this year's second quarter.

Instant Insights /

Seven Credit Unions See Q3 Losses Over $10 Million

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