District of Columbia Credit Unions

Member engagement showed improvement with growth accelerating to -0.14% from -1.82% in Q3 2025, indicating reduced member attrition. However, year-over-year trends reveal a concerning deceleration from positive 1.20% growth in Q4 2024, suggesting ongoing membership challenges despite quarterly stabilization.

Profitability metrics presented a mixed picture with ROA declining to 0.34% from 0.61% last quarter but remaining stable year-over-year at 0.30%. NIM held steady at 3.61% quarterly while improving 10 basis points annually from 3.51%, demonstrating resilient interest margins despite margin pressures.

Growth metrics uniformly decelerated with asset growth turning negative at -0.52% from 0.11% quarterly and 2.00% annually. Loan growth accelerated to -2.73% from -3.32% last quarter, showing less severe contraction. Deposit growth decelerated significantly to -0.63% from 0.44% quarterly, indicating funding challenges.

Risk indicators deteriorated across timeframes with delinquencies increasing to 1.36% from 1.13% quarterly and 1.12% annually, representing a 23-25 basis point rise. Net worth ratio decreased slightly to 11.78% from 11.85% quarterly but improved 60 basis points year-over-year, maintaining adequate capital cushions.

Portfolio composition remained relatively stable with first mortgages at 36.80%, up modestly from both prior periods. Certificate concentrations decreased to 15.86% quarterly but increased annually, while indirect auto lending remained minimal at 0.07%. The mortgage-heavy portfolio significantly exceeds the 21.97% national benchmark.