As expected, the Top 10 lineup changed with the introduction of First Tech Federal Credit Union, which combined with Digital Federal Credit Union on Jan. 1.
The charter remains that of Digital, which was based in Massachusetts, and ended 2025 with $13.1 billion in assets. However, the new headquarters is the former First Tech headquarters in San Jose, Calif. First Tech ended 2025 with $16.4 billion in assets.
The new First Tech ended the first quarter with $28.6 billion in assets, ranking it No. 6.
Pushed off the list was Chicago's Alliant Credit Union ($19.7 billion in assets, 938,005 members).
All of the Top 10 now have assets of at least $20 billion, and Navy Federal Credit Union based near Washington, D.C., set a new high mark by being the first credit union to top $200 billion in assets. It ended the quarter with $203.6 billion in assets.
CU Times analyzed NCUA data drawn from Callahan's Peer Suite. CU Times rebuilt the Top 10 financial history to conform to the new group, including the defunct First Tech in past histories to maintain comparable data.
The Top 10's ROAs ranged from 1.00% to 1.29% from the fourth quarter of 2015 through the fourth quarter of 2019. The group's ROAs dipped below 1% with the onset of the COVID-19 pandemic in 2020, but bounced above it in 2021.
However, their ROAs had ranged from 0.39% to 0.98% from the second quarter of 2023 though the end of 2025.
The credit unions in the Top 10 were:
- Navy Federal Credit Union of Vienna, Va. ($203.6 billion in assets, 15.4 million members), which earned $751.2 million in the first quarter, or a 1.50% return on its average assets, up from ROA of 1.05% a year earlier and 0.90% in the fourth quarter.
- State Employees' Credit Union of Raleigh, N.C. ($59.8 billion in assets, three million members), which earned $95 million in the first quarter, or 0.64% ROA, up from 0.33% a year earlier and down from 0.73% in the fourth quarter.
- SchoolsFirst Federal Credit Union of Santa Ana, Calif. ($36.7 billion in assets, 1.6 million members), which earned $71.8 million in the first quarter, or 0.80% ROA, up from 0.55% a year earlier and 0.66% in the fourth quarter.
- BECU of Tukwila, Wash. ($30 billion in assets, 1.6 million members), which earned $32 million in the first quarter, or 0.43% ROA, down from 0.69% a year earlier and 0.71% in the fourth quarter.
- PenFed Credit Union of McLean, Va. ($29.4 billion in assets, 2.8 million members) earned $92.9 million in the first quarter, or 1.26% ROA, up from 0.77% a year earlier and 0.53% in the fourth quarter.
- First Tech Federal Credit Union of San Jose, Calif. ($28.6 billion in assets, 1.9 million members), which earned $45.1 million in the first quarter, or 0.87% ROA, up from 0.39% a year earlier and 0.17% in the fourth quarter.
- America First Federal Credit Union of Riverdale, Utah ($24.7 billion in assets, 1.6 million members), which earned $86.1 million in the first quarter, or 1.42% ROA, up from 1.38% a year earlier and 1.35% in the fourth quarter.
- Mountain America Credit Union of Salt Lake City ($22.7 billion in assets, 1.4 million members), which earned $49.4 million in the first quarter, or 89% ROA, down from 94% a year earlier and 0.93% in the fourth quarter.
- Golden 1 Credit Union of Sacramento, Calif. ($21.7 billion in assets, 1.2 million members), which earned $24.4 million in the first quarter, or 0.45% ROA, down from 0.56% a year earlier and up from 0.44% in the fourth quarter.
- Suncoast Credit Union of Tampa, Fla. ($20.5 billion in assets, 1.4 million members), which earned $39 million in the first quarter, or 0.78% ROA, down from 0.97% a year earlier and 1.02% in the fourth quarter.
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