New Jersey Credit Unions

Member engagement showed mixed signals in Q4 2025. Member growth accelerated quarter-over-quarter from -1.78% to -1.18%, indicating improving retention trends, but decelerated year-over-year from -0.99% to -1.18%. The sector continues losing members at nearly twice the national rate of -0.69%, suggesting ongoing competitive pressures.

Profitability remained stable in Q4 2025 with ROA holding steady at 0.52% quarter-over-quarter, down just 1 basis point from 0.53%. Year-over-year performance was strong, with ROA increasing 23 basis points from 0.29%. NIM similarly held stable at 3.68% quarterly while improving 17 basis points annually from 3.51%.

Growth momentum accelerated across both timeframes in Q4 2025. Asset growth accelerated to 0.72% from 0.53% quarter-over-quarter and surged from -2.14% year-over-year, representing a 2.87 percentage point improvement. Loan growth also accelerated from -1.76% to -1.25% quarterly, though remains well below the national 0.52% benchmark.

Risk metrics remained stable in Q4 2025. Delinquencies held steady at 1.45%, down 5 basis points quarter-over-quarter and up just 4 basis points year-over-year. Net worth strengthened to 15.87%, increasing 10 basis points quarterly and 1.02 percentage points annually, maintaining a strong 2.20 percentage point cushion above national levels.

Portfolio composition showed modest shifts in Q4 2025. Certificate concentrations increased to 14.45%, up 21 basis points quarterly and 75 basis points annually. First mortgage exposure decreased slightly to 17.14%, down 4 basis points quarterly and 23 basis points year-over-year. Indirect auto lending remained minimal at 0.96%, well below the 7.78% national average.