Virgin Islands Credit Unions

Member engagement strengthened significantly with growth accelerating to 2.83% in Q3 2025 from 2.56% last quarter, vastly outperforming the national member decline of 0.61%. Year-over-year data was unavailable, but the quarterly momentum suggests effective member acquisition and retention strategies are driving substantial market share gains.

Profitability metrics showed solid improvement across both timeframes. ROA remained stable quarter-over-quarter at 0.62% versus 0.59%, while increasing from 0.57% year-over-year. Net interest margin expanded to 4.45% from 4.41% last quarter and 4.01% a year ago, significantly exceeding the national benchmark of 3.72% by 72 basis points.

Growth trends presented mixed signals with loan growth accelerating dramatically to 4.75% from 1.92% quarter-over-quarter, while asset growth decelerated to 4.08% from 5.68%. Deposit growth remained stable at 3.73% versus 3.68% last quarter. All growth metrics substantially exceeded national benchmarks, indicating strong competitive positioning despite varying momentum.

Risk metrics deteriorated notably with delinquencies increasing to 1.47% from 0.90% quarter-over-quarter and 0.88% year-over-year, now 62 basis points above the national average. However, net worth ratio remained stable at 15.04% versus 15.02% last quarter and improved from 14.90% year-over-year, providing adequate capital cushion.

Portfolio composition showed minimal diversification with first mortgage concentration declining to 0.08% from 0.12% quarter-over-quarter and 0.13% year-over-year, remaining far below the national 21.76%. Certificate concentration increased to 5.00% from 4.89% last quarter and 4.85% year-over-year, but stays well under the national 19.60%.