Puerto Rico Credit Unions

Member engagement strengthened notably, with growth accelerating to 4.02% in Q3 2025 from 3.83% in Q2 2025. This performance dramatically outpaces the national member decline of -0.61%, positioning PR credit unions 4.63 percentage points above the industry benchmark.

Profitability metrics showed impressive gains across both timeframes. ROA increased to 0.89% from 0.78% quarter-over-quarter and surged from 0.56% year-over-year. NIM expanded to 4.97% from 4.88% last quarter and 4.28% a year ago, maintaining a substantial 1.24 percentage point advantage over the national average.

Growth patterns presented mixed signals. Asset growth remained stable at 2.29% from 2.24% last quarter, though trailing national levels by 26 basis points. Loan growth decelerated to 10.76% from 12.48% quarter-over-quarter while deposit growth accelerated to 1.58% from 1.07%, both significantly diverging from national benchmarks.

Risk metrics deteriorated notably with delinquencies increasing to 1.28% from 0.59% last quarter and 0.80% year-over-year, now 43 basis points above national levels. However, net worth strengthened to 12.31% from 11.92% quarter-over-quarter and 11.54% year-over-year, providing solid capital cushion despite remaining below national standards.

Portfolio composition shifted significantly year-over-year, with certificate concentrations rising to 27.00% from 21.84%, now 7.40 percentage points above national levels. First mortgage exposure decreased to 7.99% from 11.79%, while maintaining no indirect auto lending, creating a distinct portfolio profile compared to national averages.