Louisiana Credit Unions

Member engagement remained challenging with growth at -1.58% in Q3 2025, though accelerating by 0.20 pp from -1.78% in Q2 2025. The cohort continues struggling with member acquisition, trailing the national average of -0.61% by 97 basis points, indicating persistent engagement headwinds.

Profitability showed strong improvement with ROA increasing to 0.67% from 0.52% quarterly and 0.61% annually. NIM expanded to 4.26% from 4.17% quarterly and 4.13% annually, positioning 54 basis points above the national benchmark of 3.72%, demonstrating effective margin management despite growth challenges.

Growth metrics showed mixed results as asset growth accelerated to 0.61% from 0.27% quarterly, while loan growth decelerated to -3.34% from -2.50% quarterly. Deposit growth accelerated to 0.77% from 0.55% quarterly, though all metrics remain significantly below national benchmarks.

Risk profile improved with delinquencies decreasing to 1.23% from 1.44% quarterly while remaining stable at 1.19% annually. Net worth strengthened to 17.41% from 17.08% quarterly and 16.72% annually, providing a substantial 3.73 pp cushion above the national benchmark of 13.68%.

Portfolio composition shifted toward certificates, increasing to 15.05% from 14.24% quarterly and 13.80% annually. Indirect auto lending grew to 5.30% from 5.01% quarterly and 4.79% annually, while first mortgage concentration remained stable at 11.05%, well below the national average of 21.76%.