South Carolina Credit Unions

Member engagement showed signs of improvement with member decline moderating to -0.46% in Q3 2025 from -0.73% in Q2, representing a 27 basis point acceleration quarter-over-quarter. The cohort outperformed the national benchmark by 15 basis points, though year-over-year comparison data remains limited for comprehensive trend analysis.

Profitability metrics remained robust with ROA at 1.08%, staying stable quarter-over-quarter with only a 5 basis point decline but showing strong year-over-year improvement of 9 basis points. Net interest margin increased to 4.27%, gaining 5 basis points quarterly and 11 basis points annually, significantly outperforming the national benchmark by 54 basis points.

Growth momentum accelerated significantly with asset growth reaching 2.30%, up 68 basis points from Q2 2025. Loan growth surged to 1.78%, accelerating by 1.05 percentage points quarterly and substantially exceeding the national benchmark by 1.58 percentage points. Deposit growth also accelerated to 2.61%, improving 78 basis points quarter-over-quarter.

Risk profile remained stable with delinquency at 0.85%, showing minimal changes both quarter-over-quarter (+2 basis points) and year-over-year (+1 basis point), matching national levels exactly. Net worth ratio strengthened to 14.75%, increasing 26 basis points quarterly and 65 basis points annually, maintaining a healthy 1.07 percentage point cushion above national averages.

Portfolio composition shifted toward traditional lending with first mortgage concentration increasing to 17.99% (+2.84 pp quarterly, +4.56 pp annually) and certificate concentration rising to 17.40% (+3.16 pp quarterly, +3.64 pp annually). Indirect auto lending declined to 5.94%, down 5.31 percentage points year-over-year, remaining below national benchmarks across all categories.