Total assets of federally insured credit unions increased by $86 billion, or 3.7 percent, over the year ending in the third quarter of 2025, reaching $2.40 trillion, according to data released by the National Credit Union Administration (NCUA). The NCUA published its third quarter credit union system performance report on December 5.
The report also showed that total loans outstanding rose by $72 billion, or 4.4 percent, over the same period to $1.70 trillion. Insured shares and deposits grew by $76 billion, or 4.3 percent, over the year ending in the second quarter of 2025, totaling $1.84 trillion.
The net worth ratio for the credit union system reached 11.24 percent in the third quarter of 2025, up from 10.94 percent a year earlier. The agency noted that since the first quarter of 2023 this ratio no longer includes the Current Expected Credit Loss (CECL) transition provision.
Net income for federally insured credit unions was reported at an annual rate of $19.1 billion through the third quarter of this year—an increase of $3.3 billion or 21 percent compared with the same period last year.
The number of credit unions designated as low-income declined to 2,392 from 2,446 one year ago; however, these institutions now represent about 55 percent of all federally insured credit unions.
Investments held by federally insured credit unions rose by $8.5 billion—or roughly 2.2 percent—to reach a total value of $400.7 billion in Q3.
Detailed quarterly data summaries and financial information are available in NCUA’s Credit Union Analysis section on its website (https://www.ncua.gov/analysis/credit-union-corporate-call-report-data). This section provides graphics illustrating financial trends and a spreadsheet listing all federally insured credit unions that filed reports as of September 30, including key metrics.
The NCUA is an independent federal agency established by Congress to regulate and supervise federal credit unions across the United States. It manages the National Credit Union Share Insurance Fund which insures deposits for more than 143 million account holders at both federal and most state-chartered credit unions nationwide.
For media inquiries regarding this release contact OEACmail@ncua.gov or call 703-518-6330.