Virgin Islands Credit Unions

Member engagement showed strong momentum with growth accelerating to 3.47% in Q4 2025, up 64 basis points from Q3's 2.83% and dramatically improving from negative 0.07% a year ago. This performance significantly outpaced the national decline of 0.69%, positioning VI credit unions 4.16 percentage points above the industry benchmark.

Profitability presented a mixed picture with ROA remaining stable at 0.64% quarter-over-quarter, up just 1 basis point from Q3, but declining 6 basis points from 0.70% a year ago. NIM provided support, increasing to 4.56% from 4.45% last quarter and 4.10% year-over-year, maintaining an 83 basis point advantage over the national 3.72%.

Growth momentum showed mixed signals with asset growth decelerating to 3.65% from 4.08% last quarter, though still accelerated from 2.13% a year ago. Loan growth accelerated strongly to 6.33% from 4.75% quarter-over-quarter, substantially outperforming the national rate of 0.52% by 5.81 percentage points.

Risk metrics deteriorated with delinquencies increasing to 1.53% from 1.47% last quarter and surging from 0.54% a year ago. Despite this 99 basis point year-over-year increase placing delinquencies 63 basis points above national levels, net worth strengthened to 15.43%, up from 15.04% quarterly and stable year-over-year.

Portfolio composition remained highly concentrated with minimal diversification into traditional lending products. First mortgage exposure decreased to just 0.06% from 0.13% a year ago, dramatically below the national 21.97%. Certificate concentrations increased modestly to 5.00% from 4.89% year-over-year, remaining well below the national 19.80%.