Titans Credit Unions

Member growth at Titans CUs decelerated to 2.91% in 2026-Q1, down 0.25 pp from 3.16% in 2025-Q4 and down a more substantial 2.04 pp from 4.95% in 2025-Q1 — a clear year-over-year cooling trend. Still, the cohort remains firmly in growth territory: 79.2% of Titans CUs are growing members, and the 2.91% rate stands 3.56 percentage points above the national average of -0.65%, which is itself negative. The deceleration warrants monitoring, but Titans continue to outpace industry peers on member acquisition by a wide margin.

Profitability strengthened materially in 2026-Q1. ROA increased to 0.90% from 0.73% in 2025-Q4 (QoQ +0.17 pp) and from 0.68% in 2025-Q1 (YoY +0.21 pp), now sitting 22 basis points above the national 0.67%. Notably, 95.8% of Titans CUs are profitable, with individual ROA ranging from -0.01% to 1.97%. NIM also improved, rising 8 bps quarter-over-quarter to 3.20% and up 0.14 pp year-over-year from 3.06%, though it remains 50 basis points below the national average of 3.70% — a persistent structural gap that limits earnings potential at scale.

Asset growth accelerated to 6.40% in 2026-Q1 from 6.25% in 2025-Q4 (QoQ +0.15 pp) and nearly doubled from 3.23% in 2025-Q1 (YoY +3.17 pp), running 3.77 pp above the national 2.64%. Loan growth decelerated to 5.67% from 6.11% in 2025-Q4 (-0.45 pp QoQ), though it remains 5.35 pp above the national 0.31%. Deposit growth decelerated to 6.48% from 6.83% in 2025-Q4 (-0.36 pp QoQ), still 4.32 pp above national. Within the cohort, 91.7% of Titans CUs are growing assets and 87.5% are growing loans, indicating broad-based — not concentrated — expansion.

The risk profile improved in 2026-Q1. Delinquency decreased to 0.91% from 1.19% in 2025-Q4 (QoQ -0.28 pp) and from 0.98% in 2025-Q1 (YoY -0.068 pp / -7 bps), a meaningful sequential improvement. However, at 0.91%, delinquency remains 14 basis points above the national benchmark of 0.78%, and the within-cohort spread is wide — ranging from 0.15% to 2.02% — signaling that credit stress is unevenly distributed across the 24 institutions. Net worth increased to 11.00% from 10.14% in 2025-Q4 (+0.86 pp QoQ) and from 10.11% in 2025-Q1 (+0.89 pp YoY), though it trails the national 13.61% by 2.61 pp.

First mortgage concentration increased to 41.53% in 2026-Q1, up 0.29 pp from 41.24% in 2025-Q4 and up 2.31 pp from 39.22% in 2025-Q1 — nearly double the national average of 22.15%, reflecting Titans' heavy real estate orientation. Indirect auto declined to 14.95%, down 0.58 pp year-over-year from 15.52%, though still nearly twice the national 7.73%. On the funding side, certificate concentration fell to 30.20% from 31.44% in 2025-Q4 (-1.23 pp QoQ) and from 31.14% in 2025-Q1 (-0.94 pp YoY), remaining well above the national 19.80%, suggesting Titans still carry elevated rate-sensitive funding costs.