Ohio Credit Unions

Member engagement weakened significantly as growth decelerated to -1.30% in Q4 2025 from -0.78% last quarter, marking a sharp deterioration from positive 0.94% growth a year ago. The 2.24 percentage point year-over-year decline indicates sustained membership challenges, with Ohio credit unions now underperforming the national average by 61 basis points.

Profitability showed mixed signals with ROA decreasing to 0.73% from 0.80% quarter-over-quarter but improving from 0.66% year-over-year. NIM remained stable at 3.73% compared to last quarter while strengthening from 3.60% a year ago. The 7 basis point annual ROA improvement demonstrates underlying earnings resilience despite recent quarterly softening.

Growth momentum accelerated across key metrics with asset growth reaching 4.18% from 3.50% last quarter and 3.10% a year ago. Loan growth turned positive at 0.88% from -0.04% quarter-over-quarter, while deposit growth accelerated to 3.98% from 3.43%. Ohio credit unions significantly outpaced national benchmarks in all growth categories.

Risk metrics showed modest deterioration with delinquencies remaining stable at 0.92% quarter-over-quarter but increasing from 0.70% year-over-year. Net worth decreased to 12.65% from both 12.78% last quarter and 12.87% a year ago. Despite the uptick, delinquency levels remain close to the 0.90% national average.

Portfolio composition shifted toward traditional mortgage lending with first mortgage concentration increasing to 20.00% from 19.73% quarter-over-quarter and 19.44% year-over-year. Certificate concentrations rose to 19.39% from 18.07% annually, while indirect auto lending remained stable. Ohio credit unions maintain higher auto exposure than national averages at 11.22% versus 7.78%.