New York Credit Unions

Member engagement declined significantly in Q4 2025, with member growth decelerating to -0.49% from -0.01% quarter-over-quarter and falling sharply from 2.90% year-over-year. This represents a concerning reversal from positive member growth trends, though New York credit unions still outperformed the national benchmark by 20 basis points.

Profitability showed mixed signals with ROA decreasing 6 bps to 0.78% quarter-over-quarter but increasing 11 bps year-over-year. NIM remained stable at 3.63%, up 3 bps QoQ and 22 bps YoY. Despite the quarterly dip, ROA exceeded the national benchmark by 5 bps, indicating relatively strong earnings performance.

Growth momentum accelerated across key metrics in Q4 2025. Asset growth accelerated to 3.21% from 2.67% QoQ and 2.72% YoY. Deposit growth accelerated to 3.13% from 2.25% QoQ, while loan growth improved to -0.26% from -0.40% QoQ, though loans remained in contraction territory.

Risk metrics showed modest deterioration with delinquencies increasing to 0.98% from 0.88% quarter-over-quarter, though remaining stable from 0.93% year-over-year. Net worth remained stable at 13.29%, up 3 bps QoQ and 32 bps YoY, providing adequate capital cushion despite sitting 39 bps below national levels.

Portfolio composition remained relatively stable with first mortgage concentration at 24.34%, up 4 bps year-over-year and well above the national 21.97%. Certificate concentration increased to 16.27% from 15.92% QoQ and 15.42% YoY, while indirect auto lending remained minimal at 2.61%, significantly below national levels.