Vermont Credit Unions

Member engagement strengthened significantly with growth accelerating to 3.13% in Q4 2025 from 1.52% in Q3 2025 and 2.22% in Q4 2024. This 3.83 percentage point outperformance versus the national decline of 0.69% demonstrates Vermont credit unions' exceptional member attraction and retention capabilities across both timeframes.

Profitability faced mixed pressures as ROA decreased to 0.57% from 0.81% quarterly but remained stable year-over-year at 0.58%. Net interest margin compressed to 4.07% from 4.15% quarterly while staying flat annually at 4.06%, though the 34 basis point premium over national NIM of 3.72% provides competitive advantage.

Growth momentum accelerated dramatically with assets expanding 6.77% from 3.16% quarterly and 3.47% annually. Deposit growth surged to 10.13% from 3.40% quarterly, while loan growth accelerated to 5.97% from 4.83% quarterly. All growth metrics substantially exceed national benchmarks, reflecting aggressive expansion strategies.

Risk metrics improved with delinquencies decreasing to 0.91% from 1.07% quarterly and 1.27% annually, nearly matching the national 0.90%. However, net worth declined to 10.79% from 11.36% quarterly and 11.08% annually, creating a 2.88 percentage point gap below the national 13.68% benchmark.

Portfolio composition shifted with first mortgage concentration decreasing to 31.63% from 33.87% annually, though remaining well above national 21.97%. Certificate concentration declined to 22.97% from 23.35% annually but exceeds national 19.80%. Indirect auto exposure increased modestly to 5.23% from 5.10% annually, staying below national 7.78%.