Brief Summary

The National Credit Union Administration (NCUA) published its state-level quarterly report on the performance of federally insured credit unions for the second quarter of 2026

Ever Garcia
October 26, 2026

NCUA 2026 Q2 CU Data Summary

The NCUA 2026 Q2 Quarterly Credit Union Data Summary reveals that the average CU possesses strong capital backing and must be cautious of growing delinquencies across specific portfolios.

Overview & System Structure

As of June 30, 2026, there were 4,214 federally insured credit unions.
Total credit union membership reached 146.1 million, reflecting an increase of 2.3 million members over the year.
The system was comprised of 2,649 federal credit unions and 1,565 federally insured state-chartered credit unions.
Credit unions holding a low-income designation totaled 2,370, accounting for 56% of all institutions.
Complex credit unions (those with assets greater than $500 million) numbered 748.

Balance Sheet & Lending

Total assets grew by $120 billion (or 5.0%) over the year to reach $2.50 trillion.
Total loans outstanding increased by $82 billion (or 4.9%) to reach $1.76 trillion.
The average outstanding loan balance was $19,906, up 5.2% from the previous year.
Total shares and deposits increased by $105.0 billion (or 5.2%) to $2.13 trillion, with insured shares and deposits rising by $80 billion (or 4.3%) to $1.91 trillion.
The system loan-to-share ratio stood at 82.9%.
Real estate loans secured by 1- to 4-family properties increased by $60.6 billion (7.8%) to $834.1 billion.
Commercial loans (excluding unfunded commitments) grew by $18.5 billion (10.1%) to $201.7 billion.

Earnings & Financial Performance

Net income totaled $22.4 billion at an annual rate year-to-date through 2026Q2, marking a 26.9% increase compared to the same period in 2025.
The net interest margin expanded to $86.1 billion at an annual rate, or 3.49% of average assets.
The return on average assets (ROA) rose to 91 basis points at an annual rate.
The credit union system's net worth ratio strengthened to 11.42%, up from 11.11% one year earlier.

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Asset Quality & Credit Health

The aggregate delinquency rate for federally insured credit unions was 96 basis points, representing an increase of 6 basis points year-over-year.
The net charge-off ratio stood at 78 basis points, showing little change compared to 2025Q2.
Sector-specific delinquencies included 191 basis points for credit cards and 81 basis points for auto loans.
The provision for credit losses totaled $13.6 billion at an annual rate year-to-date.

What This Means for the Average Credit Union

Strong Capital Safety Nets: With the system net worth ratio reaching 11.42%, the average credit union possesses strong capital backing to invest in modern digital banking tools, security features, and member-focused programs.
Prudent Underwriting Need: Because delinquencies have edged upward across specific portfolios like credit cards, average credit unions must maintain rigorous risk management and offer proactive financial counseling or restructuring options for members facing economic strain.

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