Nevada Credit Unions

Member engagement strengthened significantly with growth accelerating to 1.49% in Q3 2025 from 0.93% in Q2 2025, while remaining stable year-over-year at similar levels. This performance substantially outpaces the national benchmark by 2.10 percentage points, indicating strong member retention and acquisition capabilities across Nevada's credit union sector.

Profitability metrics showed steady performance with ROA holding stable at 1.04% both quarter-over-quarter and year-over-year. Net interest margin increased to 3.35% from 3.29% quarterly and from 3.22% annually, though it remains 38 basis points below the national benchmark of 3.72%, suggesting room for margin optimization.

Growth momentum decelerated across key metrics, with asset growth slowing to 5.93% from 7.57% quarterly and deposit growth declining to 5.70% from 6.98% quarterly. However, loan growth accelerated slightly to 6.24% from 6.18% quarter-over-quarter, with all growth rates significantly exceeding national benchmarks.

Risk metrics showed mixed signals with delinquencies increasing to 0.51% from 0.45% quarterly and from 0.46% annually. However, net worth strengthened to 12.32% from 12.01% quarterly while remaining stable year-over-year. Despite the uptick, credit quality remains strong with delinquencies 34 basis points below national levels.

Portfolio composition shifted toward first mortgages, reaching 28.02% from 27.53% quarterly and 27.07% annually, while indirect auto lending decreased to 22.76% from 23.15% quarterly. Certificate concentrations increased to 18.27% from prior periods, with first mortgage and indirect auto concentrations significantly exceeding national benchmarks.