Rhode Island Credit Unions

Member engagement showed improvement with losses moderating to -0.65% in Q3 2025 from -1.11% in Q2 2025, though the cohort continues shedding members and trails the national decline of -0.61% by 4 basis points.

Profitability remained under pressure with ROA declining to 0.49% from 0.62% year-over-year, though quarterly performance was stable at 46 basis points. NIM improved 6 basis points quarter-over-quarter to 2.94% but remains 78 basis points below the national benchmark.

Growth patterns diverged with loan growth accelerating to 1.57% from 1.15% quarter-over-quarter, outpacing national performance by 137 basis points. However, asset and deposit growth decelerated significantly, falling 68 and 80 basis points respectively from the prior quarter.

Risk metrics remained stable with delinquencies holding steady at 0.47% quarter-over-quarter, though up 7 basis points year-over-year. Net worth strengthened to 12.72% from 12.38% annually, maintaining a solid capital position 38 basis points below national delinquency levels.

Portfolio composition shifted toward higher concentrations with certificates rising 6.55 percentage points year-over-year to 27.45%, significantly above the national 19.60%. Indirect auto lending also increased 7.43 percentage points annually to 10.59%, exceeding national levels by 269 basis points.