TITLE: National Credit Union Administration Releases First Quarter 2026 Credit Union System Performance Data
BODY:
On June 9, 2026, the National Credit Union Administration (NCUA) released its first quarter 2026 credit union system performance data, showing significant growth across key metrics. Total assets in federally insured credit unions increased by $117 billion, or 4.9 percent, year-over-year to reach $2.48 trillion. Total loans outstanding rose by $76 billion, or 4.6 percent, to $1.73 trillion, with the average outstanding loan balance reaching $19,557, up 4.6 percent from the prior year period.
The NCUA's quarterly data summary highlighted several noteworthy developments. Net income totaled $20.4 billion at an annualised rate for the year-to-date period through the first quarter of 2026, representing a 30.5 percent increase compared with the same period in 2025. Federally insured credit unions added 2.5 million members over the year, bringing total membership in these institutions to 145.8 million. The loan-to-share ratio declined slightly to 81.5 percent in the first quarter of 2026, down from 81.8 percent in the first quarter of 2025.
The number of federally insured credit unions declined to 4,250 in the first quarter of 2026, from 4,411 in the first quarter of 2025, comprising 2,672 federal credit unions and 1,578 federally insured, state-chartered credit unions. The NCUA noted this year-over-year decline reflects long-running industry consolidation trends. The NCUA makes comprehensive credit union system performance data available through the Credit Union Analysis section of its website, including quarterly data summaries, detailed financial information, graphics illustrating financial trends, and spreadsheets listing all federally insured credit unions that filed call reports as of March 31, 2026.
REFERENCES:
National Credit Union Administration. "NCUA Releases First Quarter 2026 Credit Union System Performance Data." June 9, 2026. https://www.ncua.gov/