Missouri Credit Unions

Member engagement weakened as member growth decelerated to -0.57% in Q3 2025 from -0.34% in Q2 2025, though remaining 4 basis points above the national -0.61% rate. The persistent member attrition suggests ongoing challenges in attracting and retaining membership despite competitive positioning relative to industry peers.

Profitability strengthened across both timeframes, with ROA increasing to 0.75% from 0.69% quarterly and 0.67% annually. NIM remained stable at 3.83% from 3.80% quarterly but expanded from 3.71% annually, positioning Missouri credit unions 11 basis points above the national NIM of 3.72%.

Growth momentum showed mixed signals as asset growth decelerated to 3.35% from 3.42% quarterly, while loan growth accelerated to -0.16% from -0.68% quarterly, though remaining negative. Deposit growth decelerated to 3.48% from 3.78% quarterly but significantly outpaced the national 2.32% rate.

Risk metrics remained stable with delinquencies at 0.82%, up marginally from 0.79% quarterly but essentially unchanged from 0.83% annually. Net worth strengthened to 12.10% from 11.83% quarterly and 11.65% annually, though remaining 1.58 percentage points below the national 13.68% benchmark.

Portfolio composition shifted toward traditional products, with first mortgage concentration increasing to 16.28% from 15.90% quarterly and 15.17% annually. Certificate concentration rose to 18.13% from 17.77% quarterly and 16.56% annually, while indirect auto lending decreased to 10.29% from 10.51% quarterly and 11.32% annually.