Oklahoma Credit Unions

Member engagement weakened significantly as member growth decelerated to -1.41% in Q3 2025 from -0.88% in Q2, marking a sharp reversal from 2.27% growth a year ago. The 80 basis point underperformance versus national averages signals mounting competitive pressures and retention challenges across Oklahoma's credit union landscape.

Profitability metrics remained stable with modest improvements. ROA held steady at 0.61%, up 3 basis points quarter-over-quarter and 6 basis points year-over-year. NIM strengthened to 3.92% from 3.88% quarterly and 3.78% annually, outperforming the national benchmark by 20 basis points, demonstrating effective rate management amid challenging conditions.

Growth momentum accelerated as asset growth surged to 2.49% from 1.42% quarter-over-quarter, nearly matching the national pace. Deposit growth accelerated modestly to 1.29% from 1.20% quarterly, while loan growth remained stable at -0.66%, underperforming national benchmarks by 86 basis points.

Risk profiles improved with delinquencies decreasing 9 basis points year-over-year to 0.86%, remaining stable quarter-over-quarter. Net worth strengthened to 12.77%, up 17 basis points quarterly and 33 basis points annually, though still trailing national levels by 90 basis points, indicating adequate but below-average capital positioning.

Portfolio composition shifted strategically with first mortgage concentration increasing to 14.07%, up 8.30 percentage points year-over-year. Indirect auto lending decreased 17.21 percentage points annually to 15.20%, while certificate concentrations rose to 23.18%. This rebalancing positions institutions above national auto lending averages while building mortgage portfolios.