Wyoming Credit Unions

Member engagement rebounded sharply in Q2 2026, with member growth accelerating to 0.38% from -0.10% in Q1 2026 — a gain of 0.48 pp quarter-over-quarter. Year-over-year, growth also accelerated, rising from 0.20% in Q2 2025 to 0.38% in Q2 2026, a 0.18 pp improvement. Critically, Wyoming CUs are swimming against the national current: the industry posted member growth of -0.69% in Q2 2026, leaving Wyoming 1.07 pp above that benchmark. This divergence suggests Wyoming institutions are capturing share even as broader membership trends contract nationally.

Profitability strengthened meaningfully in Q2 2026. ROA rose to 1.22% from 1.01% in Q1 2026, a 0.21 pp quarter-over-quarter gain, and increased 8 bps above Q2 2025's 1.14%. At 1.22%, Wyoming CUs sit 33 basis points above the national ROA of 0.89%. Net interest margin remained essentially stable, edging down just 2 bps from 3.87% in Q1 2026 to 3.85% in Q2 2026, and similarly declined only 1 bp year-over-year from Q2 2025's 3.87%. NIM of 3.85% remains 11 bps above the national average of 3.74%, preserving a competitive spread advantage.

Growth momentum in Wyoming accelerated on both fronts in Q2 2026. Asset growth reached 6.88%, up 0.30 pp from 6.58% in Q1 2026 and up 1.82 pp from 5.06% in Q2 2025 — marking nine consecutive quarters of positive asset growth since Q2 2024 and running 4.26 pp above the national rate of 2.63%. Loan growth accelerated to 4.02% from 3.57% in Q1 2026 (up 0.44 pp) and surged 2.28 pp above Q2 2025's 1.74%, now in its fifth straight positive quarter since Q2 2025, outpacing the national loan growth rate of 0.22% by 3.80 pp.

Wyoming CUs' risk profile improved across key credit metrics in Q2 2026. Delinquency fell to 0.63% from 0.77% in Q1 2026, a 0.14 pp quarter-over-quarter decrease, and declined 0.11 pp from 0.75% in Q2 2025 year-over-year. At 0.63%, Wyoming sits 24 basis points below the national delinquency rate of 0.88%, a meaningful buffer. Net worth increased to 11.89% from 11.72% in Q1 2026 (up 0.17 pp) and rose 0.36 pp from 11.53% in Q2 2025, though it remains 1.92 pp below the national benchmark of 13.81%, warranting continued capital-building focus.

Wyoming's portfolio composition shifted modestly but meaningfully in Q2 2026. First mortgage concentration rose to 19.25%, up 0.97 pp from 18.27% in Q1 2026 and up 0.39 pp from 18.86% in Q2 2025, though it remains 2.97 pp below the national average of 22.22%. Indirect auto declined to 19.10% from 19.31% in Q1 2026 (-0.21 pp) and from 19.73% in Q2 2025 (-0.63 pp), yet still runs 11.39 pp above the national rate of 7.71%. Certificate concentration climbed to 26.84% from 26.39% in Q1 2026 (+0.45 pp) and from 25.86% in Q2 2025 (+0.98 pp), sitting 6.82 pp above the national average of 20.02%.