Delaware Credit Unions

Member engagement remained stable in Q3 2025, with member growth holding steady at -0.37% quarter-over-quarter, showing minimal change of just 1 basis point. The cohort outperformed the national benchmark by 24 basis points, indicating relatively better member retention despite the slight contraction in membership base.

Profitability showed stability quarter-over-quarter with modest year-over-year gains. ROA held steady at 0.39% from 0.42% last quarter but improved from 0.33% a year ago. NIM remained stable at 3.35% versus 3.32% last quarter and increased significantly from 2.97% year-over-year, though both metrics trail national benchmarks.

Growth trends diverged sharply in Q3 2025. Asset growth accelerated dramatically to 2.28% from -1.40% last quarter, while loan growth decelerated from 1.94% to -0.71%. Deposit growth accelerated to 0.59% from -0.70% quarter-over-quarter, supporting the asset expansion despite loan portfolio contraction.

Risk metrics presented a mixed picture. Delinquencies decreased to 1.48% from 1.79% last quarter, showing quarterly improvement, but increased from 1.25% year-over-year. Net worth declined to 13.62% from both 14.68% last quarter and 14.01% a year ago, remaining slightly below the national benchmark of 13.68%.

Portfolio composition shifted notably with first mortgage concentration increasing to 18.25% from 16.35% last quarter and 16.20% year-over-year. Certificate concentration rose to 12.60% from 12.45% quarterly and 12.15% annually. Indirect auto lending decreased to 7.81% from 8.30% year-over-year, aligning closely with national levels.