Credit Union System Shows Strong Growth in Second Quarter of 2025, NCUA Reports
WASHINGTON, D.C. (September 5, 2025) - Federally insured credit unions demonstrated robust financial health in the second quarter of 2025, with significant gains in assets, loans, and deposits, according to data released today by the National Credit Union Administration (NCUA). The findings signal continued stability and growth within the credit union sector, benefiting members and supporting economic activity.
Total assets across all federally insured credit unions reached $2.38 trillion as of June 30, 2025 – a 3.6 percent increase, or $82 billion, compared to the same period last year. Lending activity also rose, with total loans outstanding climbing 3.9 percent, adding $64 billion to reach $1.68 trillion. Simultaneously, insured shares and deposits grew by 4.0 percent, totaling $1.83 trillion – an increase of $71 billion year-over-year.
“Over the last four quarters the credit union system saw solid growth in assets, loans, and deposits reflecting the viability and resilience of credit unions,” said NCUA Chairman Kyle Hauptman. “This upward trend is important as it signals a robust credit habitat, enabling more credit union members and businesses to access funds for growth and investment.Also, strong deposit data enhances credit union liquidity and reinforces stability across the credit union system.”
Further analysis from the NCUA’s Second Quarter 2025 Quarterly Data Summary report reveals a strengthening financial position for credit unions. The system’s net worth ratio improved to 11.11 percent, up from 10.84 percent a year prior (this ratio excludes the impact of the Current Expected Credit Loss, or CECL, transition provision beginning in the first quarter of 2023).
Net income for the year-to-date through the second quarter totaled $17.7 billion, representing a 13.2 percent, or $2.1 billion, increase compared to the same period in 2024. Membership also continued to expand, with 2.8 million new members joining federally insured credit unions, bringing total membership to 143.8 million as of June 30, 2025.Cash holdings increased by 1.2 percent, reaching $192.0 billion, or a $2.3 billion increase.
The NCUA provides thorough data and analysis on the credit union system through its website, NCUA.gov. This includes quarterly data summaries, detailed financial facts, visual representations of financial trends, and a downloadable spreadsheet listing all federally insured credit unions that filed a call report as of June 30, 2025, complete with key performance metrics. Resources are available in the Credit Union Analysis section and specifically at quarterly data summaries and financial trends.The full Second Quarter 2025 NCUA Quarterly Data Summary Report can be found here.
