Maryland Credit Unions

Member engagement showed marked improvement with growth accelerating to 0.39% in Q3 2025 from -0.08% in Q2 2025, representing a 47 basis point quarterly acceleration. This positive momentum contrasts sharply with the national member decline of -0.61%, positioning Maryland credit unions 100 basis points above the industry benchmark.

Profitability strengthened across both timeframes, with ROA increasing to 0.64% from 0.57% quarter-over-quarter and 0.48% year-over-year. NIM remained stable at 3.49% quarterly but improved 14 basis points annually from 3.35%. Despite progress, both metrics trail national benchmarks by 14 and 24 basis points respectively.

Growth momentum accelerated significantly with assets expanding 2.57% versus 1.90% last quarter, slightly exceeding the national 2.54% pace. Deposit growth accelerated to 2.41% from 1.91% quarterly, while loan growth improved to -0.21% from -0.33%, though remaining 41 basis points below national performance.

Risk metrics presented a mixed picture with delinquencies increasing to 0.97% from 0.83% quarter-over-quarter but remaining stable year-over-year at similar levels. Net worth strengthened to 12.69% from 12.09% quarterly and 12.44% annually, though remaining 99 basis points below the national 13.68% benchmark.

Portfolio composition shifted toward higher-yielding assets with certificate concentrations rising to 20.43% from 19.38% quarterly and 18.47% annually. First mortgage exposure increased to 26.65% from 25.80% year-over-year, while indirect auto lending reached 7.39%, up from 7.11% annually, approaching the national 7.90% average.