New York Credit Unions

Member engagement showed marked improvement in Q3 2025, with member growth accelerating to -0.01% from -0.34% in Q2 2025, nearly reaching breakeven. This represents a substantial recovery from the prior quarter's decline, positioning New York credit unions 60 basis points above the national benchmark of -0.61%.

Profitability metrics remained resilient in Q3 2025, with ROA stable at 0.84% quarter-over-quarter despite a modest 2 basis point decline from 0.86%. Year-over-year performance was notably stronger, with ROA increasing 10 basis points from 0.75%. NIM expanded to 3.60%, up 3 basis points quarterly and 21 basis points annually from 3.40%.

Growth momentum decelerated across key metrics in Q3 2025, with asset growth slowing to 2.67% from 2.82% quarter-over-quarter and deposit growth decelerating to 2.25% from 2.50%. Loan growth further decelerated to -0.40% from -0.28%, remaining 60 basis points below the national benchmark of 0.20%.

Risk metrics remained stable in Q3 2025, with delinquency rates holding steady at 0.88%, up just 4 basis points both quarterly and annually from 0.84%. Net worth strengthened to 13.26%, increasing 35 basis points from Q2 and 47 basis points year-over-year, though remaining 42 basis points below national levels.

Portfolio composition showed strategic shifts in Q3 2025, with first mortgage concentration increasing to 24.37%, up 1.11 percentage points year-over-year and well above the national 21.76%. Certificate concentration rose significantly to 15.92%, up 8.44 percentage points annually, while indirect auto lending remained minimal at 2.63%.