Delaware Credit Unions

Member engagement showed mixed signals with growth accelerating to 0.06% from -0.37% quarterly, recovering from membership declines. However, year-over-year momentum decelerated significantly to 0.06% from 1.11% in Q4 2024, indicating slowing long-term member acquisition despite quarterly improvement.

Profitability strengthened across both timeframes with ROA increasing to 0.49% from 0.39% quarterly and 0.31% annually. NIM expanded by 5 basis points quarterly to 3.40% and gained 17 basis points year-over-year, though both metrics remain below national benchmarks by 24 and 33 basis points respectively.

Growth accelerated dramatically with asset growth surging to 7.72% from 2.28% quarterly and reversing from -1.90% annually. Loan growth accelerated to 2.35% from -0.71% quarterly, while deposit growth accelerated to 4.68% from 0.59% quarterly, both significantly outpacing national benchmarks.

Risk metrics deteriorated as delinquencies increased to 1.80% from 1.48% quarterly and 1.03% annually, reaching 90 basis points above the national average. Net worth decreased slightly to 13.48% from 13.62% quarterly and 14.05% annually, remaining 20 basis points below national levels.

Portfolio composition shifted with certificate concentration increasing to 13.24% from 12.60% quarterly and 12.01% annually. First mortgage exposure rose year-over-year to 17.94% from 16.13% while decreasing quarterly from 18.25%. Indirect auto concentration declined modestly across both timeframes.