Georgia Credit Unions

Member engagement deteriorated significantly as growth decelerated to -0.54% in Q4 2025 from -0.19% in Q3 and positive 0.63% a year ago. The 35 basis point quarterly decline and 117 basis point annual deterioration reflects mounting competitive pressures, though performance remains 15 basis points above national averages.

Profitability showed mixed signals with ROA decreasing 6 basis points quarterly to 0.86% from 0.92% in Q3, but increasing 9 basis points year-over-year from 0.77%. NIM remained stable quarterly at 4.12% while expanding 18 basis points annually, maintaining a strong 40 basis point advantage over national levels.

Growth momentum decelerated across key metrics with asset growth slowing 7 basis points quarterly to 2.32% and loan growth decelerating sharply from 2.34% to 1.12%. However, annual asset growth accelerated 64 basis points, though remaining 79 basis points below national performance at 3.11%.

Risk metrics presented mixed trends as delinquencies increased 15 basis points quarterly to 0.98% but decreased 16 basis points year-over-year from 1.14%. Net worth strengthened both quarterly and annually, reaching 14.78%, providing a solid 111 basis point buffer above national levels.

Portfolio composition shifted toward traditional products with certificate concentration increasing 60 basis points quarterly to 20.50% and 107 basis points annually. First mortgage exposure expanded modestly while indirect auto remained stable at 4.39%, significantly below the 7.78% national average, indicating conservative lending positioning.