Arizona Credit Unions

Member engagement showed mixed signals in Q4 2025. Member growth remained stable quarter-over-quarter at 0.41% versus 0.37% in Q3, but decelerated from 0.46% in Q4 2024. Despite this modest slowdown, Arizona credit unions significantly outperformed the national average of -0.69%, maintaining positive momentum in member acquisition.

Profitability metrics demonstrated strong performance across both timeframes. ROA remained stable quarter-over-quarter at 0.82% from 0.81% in Q3, while showing substantial year-over-year improvement from 0.69% in Q4 2024. NIM held steady at 3.98%, down just 1 basis point quarterly but up 19 basis points annually, both exceeding national benchmarks.

Growth metrics showed impressive acceleration across both periods. Asset growth accelerated to 6.77% from 4.59% in Q3 2025 and surged from 2.43% in Q4 2024. Loan growth similarly accelerated to 2.32% from 1.39% quarterly, substantially outpacing the national average of 0.52% and demonstrating strong lending momentum.

Risk profiles remained well-managed with stable metrics across both timeframes. Delinquency rates held steady at 0.87%, up just 2 basis points quarterly and 3 basis points year-over-year, staying below the national average of 0.90%. Net worth decreased slightly to 11.58% from 11.64% quarterly but increased from 11.28% annually.

Portfolio composition continued evolving with strategic shifts in both periods. Indirect auto concentration decreased to 22.51% from 23.15% quarterly and 24.61% annually, while first mortgage exposure increased to 14.31% from 14.12% quarterly and 13.98% yearly. Certificate concentration rose to 17.19% from 16.79% quarterly and 15.29% annually, approaching national levels.