<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=905697862838810&amp;ev=PageView&amp;noscript=1">


    Credit Union Industry Stats and Performance Trends: Q4 2018

    I look forward to CUDATA.COM’s statistics and trends report each quarter. It gives our team insights into what our industry is experiencing and how that will impact our clients and their members. 2018 ended on a high note, and we are seeing a strong start to 2019. Here are some notable KPIs from the report:

    • The Net Interest Spread continues to grow as the Yield on Earning Assets outpaces the Cost of Interest Bearing Liabilities.

    • The average ROA for all credit unions is 0.92%.

    • The average ROA for credit unions greater than $500M is 1.01%.

    • Total Revenue Growth rate was 12.02%.

    • Net Income for the credit union industry grew substantially in 2018.

    • Credit Union membership continues to grow at a rate of 4.4%.

    • Asset growth remains positive but has slowed from a high of 7.4% in Q4 2016 to 5.4% in Q4 2018.

    • Auto loan originations continued to grow but at a slower rate year-over-year.

    • Average loan-to-deposit ratio climbed to 85.5%, which is reflective of the strong, but slowing loan demand.

    • Loan delinquency continues to improve with net charge-offs remaining stable.

    • Deposit growth is still positive, but the growth rate has slowed to 5.2%.

    • Net Interest Spread Trends:

      • Yield on average loans 4.71%

      • Yield on earning assets 4.03%

      • Net interest spread 3.21%

      • Yield on average investments 2.04%

      • Cost of funds 0.82%

    To view the full report, click here

    In summary, the credit union industry is growing and gaining market share, while decreasing the number of credit unions through consolidations in an effort to increase efficiencies. Loan growth is still positive, although the growth rate has slowed slightly year-over-year. Delinquencies continue to improve and there is nothing on the economic horizon to indicate this positive trend will not continue throughout the remainder of 2019. 

    Click here to download our whitepaper: affordable debit card options for borrowers

    Related Categories

    Other Lending Marketing & Sales

    Michael Dippo

    As Senior Vice President of Automotive Products, Michael works closely with our Collateral Protection Insurance (CPI) carriers to manage existing CPI programs and develop new coverages for our clients. He is responsible for quality assurance, including premium refunds, claims, asset recovery, and vehicle title administration operations.

    You may also like:

    Other Lending

    Alternative Appraisals Are Becoming the New Normal for Lenders

    In spring 2020, following the onset of COVID-19 in the U.S., record-low interest rates created a housing boom in the mid...


    5 Most Popular LenderHub Blog Posts You May Have Missed

    This year has been a transitional year for most financial institutions. After pivoting to remote workforces and implemen...

    Other Lending

    Successfully Managing Your REO in a Post-Pandemic Environment

    No one could have predicted the level of disruption we’ve all faced following the onset of the COVID-19 pandemic last ye...

    Let Us Know What You Thought about this Post.

    Put your Comment Below.



    Muni Matters
    Learn Municipal Bond Market Insights from Our Industry Experts.

    Watch Now