Wisconsin Credit Unions

Member engagement weakened as growth decelerated to -0.27% in Q3 2025 from 0.09% in Q2 2025, though this remains 34 basis points above the national -0.61% benchmark. The negative growth represents a concerning shift from positive momentum last quarter.

Profitability strengthened significantly with ROA increasing to 0.91% from 0.85% quarter-over-quarter and 0.78% year-over-year, now 13 basis points above national levels. NIM also improved to 3.72% from 3.66% QoQ and 3.51% YoY, matching national benchmarks.

Growth accelerated dramatically across all segments, with asset growth jumping to 3.71% from 2.88% QoQ, loan growth surging to 2.39% from 1.30% QoQ, and deposit growth climbing to 3.08% from 2.15% QoQ, all substantially outperforming national benchmarks.

Risk metrics remained well-controlled with delinquencies stable at 0.60% versus 0.62% QoQ, though up from 0.55% YoY, staying 25 basis points below national levels. Net worth strengthened to 12.75% from 12.57% QoQ and 12.39% YoY.

Portfolio composition shifted toward certificates, increasing to 21.07% from 20.92% QoQ and 19.83% YoY, now exceeding national 19.60%. First mortgage concentration reached 36.99%, well above national 21.76%, while indirect auto declined to 8.11% from prior levels.