Florida's 112 credit unions delivered mixed results in Q3 2025, with loan growth accelerating to 3.04% from 2.92% quarter-over-quarter, significantly outpacing the national 0.20% rate. However, member growth decelerated to -0.23% from -0.04% QoQ, though remaining above the national -0.61%. ROA decreased to 0.64% from 0.70% QoQ but improved from 0.58% year-over-year. Risk metrics remained stable with delinquencies at 0.56%, well below national levels. Portfolio shifts toward certificates and mortgages suggest defensive positioning amid rate pressures.
Florida Credit Unions
Florida Credit Unions
2025-Q3
112 Credit Unions
Florida Credit Unions Show Mixed Q3 Performance with Strong Loan Growth Offset by Membership Declines and Profitability Pressures
Key Insights
Year-over-Year Changes
Share Certificate Concentration (%) (Absolute)
▲
2024-Q3
→
2025-Q3
22.40% → 23.41%
(+4.50%)
First Mortgage Concentration (%) (Absolute)
▲
2024-Q3
→
2025-Q3
21.20% → 21.73%
(+2.51%)
Indirect Auto Concentration (%) (Absolute)
▼
2024-Q3
→
2025-Q3
11.03% → 10.88%
(-1.40%)
Net Interest Margin (NIM) (Absolute)
▲
2024-Q3
→
2025-Q3
3.37% → 3.62%
(+0.26%)
Net Worth Ratio (Absolute)
▲
2024-Q3
→
2025-Q3
11.43% → 11.78%
(+0.35%)
Quarter-over-Quarter Changes
Share Certificate Concentration (%) (Absolute)
▲
2025-Q2
→
2025-Q3
22.87% → 23.41%
(+2.38%)
First Mortgage Concentration (%) (Absolute)
▲
2025-Q2
→
2025-Q3
21.47% → 21.73%
(+1.22%)
Asset Growth (YoY) (Absolute)
▼
2025-Q2
→
2025-Q3
2.51% → 2.40%
(-0.10%)
Deposit Growth (YoY) (Absolute)
▼
2025-Q2
→
2025-Q3
2.77% → 2.58%
(-0.20%)
Loan Growth (YoY) (Absolute)
▲
2025-Q2
→
2025-Q3
2.92% → 3.04%
(+0.12%)
Key Metrics
Return on Assets
0.64%
▲ YoY15 basis points below national
Net Interest Margin
3.62%
▲ YoY10 basis points below national
Asset Growth
2.40%
— YoYMember Growth
-0.23%
Delinquency Rate
0.56%
— YoYNet Worth Ratio
11.78%
AMR Growth
2.88%
Insufficient historical data for trend visualization
Deposit Growth
2.58%
— YoY
Insufficient historical data for trend visualization
Loan Growth
3.04%
— YoYMember Engagement
Member Growth (YoY %)
Member engagement showed concerning trends with growth decelerating to -0.23% in Q3 2025 from -0.04% in Q2 2025, marking a 20 basis point deterioration quarter-over-quarter. Despite this quarterly decline, Florida credit unions maintained a competitive position 38 basis points above the national benchmark of -0.61%.
Profitability
Return on Assets (%)
Net Interest Margin (%)
Profitability presented mixed signals as ROA decreased 7 basis points to 0.64% from 0.70% quarter-over-quarter, yet improved 6 basis points from 0.58% year-over-year. NIM strengthened to 3.62% from 3.55% QoQ and 3.37% YoY, though both metrics remained below national benchmarks by 15 and 10 basis points respectively.
Growth
Asset Growth (YoY %)
Member Growth (YoY %)
Growth momentum varied across portfolios with loan growth accelerating to 3.04% from 2.92% quarter-over-quarter, substantially outperforming national levels. However, asset growth decelerated to 2.40% from 2.51% QoQ, and deposit growth decelerated to 2.58% from 2.77% QoQ, both tracking slightly below or above national benchmarks.
Risk & Credit Quality
Delinquency Rate (%)
Net Worth Ratio (%)
Risk metrics remained stable with delinquencies holding steady at 0.56%, up just 2 basis points quarter-over-quarter and down 3 basis points year-over-year. Net worth strengthened to 11.78% from 11.64% QoQ and 11.43% YoY, though remaining 1.90 percentage points below the national 13.68% benchmark.
Portfolio Mix
First Mortgage (%)
Indirect Auto (%)
Share Certificates (%)
Portfolio composition shifted defensively with certificate concentrations rising to 23.41% from 22.87% QoQ and 22.40% YoY, reaching 3.81 percentage points above national levels. First mortgage exposure increased to 21.73% from 21.47% QoQ and 21.20% YoY, while indirect auto lending decreased to 10.88% from 11.03% YoY.
Strategic Implications
- • Accelerate member acquisition initiatives to reverse declining membership trends and restore growth momentum.
- • Optimize pricing strategies to improve ROA while maintaining competitive NIM expansion achieved this quarter.
- • Leverage strong loan growth capabilities to capture market share while managing deposit funding costs.
- • Consider portfolio rebalancing as certificate concentrations exceed national averages by significant margins.
- • Strengthen capital position to close the 1.90 percentage point gap with national net worth benchmarks.
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Notable Patterns
How This Cohort Compares to National
Fee Income Per Member (quarterly) is 1361.9pp above national
Loan To Member Ratio (Quarterly) is 256.9pp above national
Assets Per Member (annual) is 249.6pp above national
Loan To Member Ratio (Annual) is 230.2pp above national
Fee Income Per Member (annual) is 6.6pp below national
Data Quality Notes
4 metric(s) had extreme values filtered using MAD-based, z-score > 5.0.
Net Worth Ratio (Absolute)
5 CU(s) excluded
Raw average: 12.60% →
Cleaned average: 11.78%
View excluded credit unions
- CONTAINER MUTUAL (67933) - 44.67%
- ECCO (60077) - 31.66%
- FLORIDA CUSTOMS (378) - 26.04%
- HIALEAH MUNICIPAL EMPLOYEES (7534) - 24.52%
- LOCAL 606 ELECTRICAL WORKERS (16979) - 24.20%
Total Delinquency Rate (60+ days) (Absolute)
4 CU(s) excluded
Raw average: 0.67% →
Cleaned average: 0.56%
View excluded credit unions
- MADISON EDUCATION ASSOC. (67630) - 2.20%
- PRIORITY (67319) - 2.96%
- JEFFERSON COUNTY TEACHERS (67341) - 4.30%
- FLORIDA A & M UNIVERSITY (187) - 5.09%
Member Growth (YoY) (Absolute)
2 CU(s) excluded
Raw average: -0.33% →
Cleaned average: -0.23%
View excluded credit unions
- COMPASS FINANCIAL (1068) - 29.53%
- FARMERS (26) - -40.59%
Net Interest Margin (NIM) (Absolute)
1 CU(s) excluded
Raw average: 3.59% →
Cleaned average: 3.62%
View excluded credit unions
- SHAW-ROSS EMPLOYEES (67327) - 0.11%