The National Credit Union Administration (NCUA) reported U.S. industry trends from third-quarter 2025, showing a nationwide rebound in assets and deposits, with Nevada’s credit unions displaying impressive performance.

According to NCUA’s Quarterly U.S. Map Review, Nevada secured the top spot for asset growth and is maintaining one of the healthiest records for retained earnings.

Moreover, while credit unions nationwide showed signs of resilience, Nevada’s industry surged ahead of every other state. During the year ending in the third quarter, locally headquartered credit unions in the state recorded a 6.5 percent median asset growth, the fastest in the nation.

This growth outpaced the national median of 2.6 percent and edged out other high-performers like Hawaii and Maine (both at 5.8 percent).

Additionally, Nevada (alongside Wyoming) was one of only two states where 100 percent of federally insured credit unions reported positive year-to-date net income. This 100-percent mark stands in contrast to the national average of 88 percent, signaling a stable financial environment for Nevada’s credit unions.

Beyond Nevada: Today’s National Trends

The NCUA report also highlights a recovery for the credit union system compared to the same period in 2024.

• After a challenging 2024 that saw a median decline of 0.4 percent, shares and deposits bounced back to a 2.4 percent median growth nationally. Alaska (7.1 percent) and Vermont (6.5 percent) led this specific category.
• The national median asset growth rate jumped to 2.6 percent, an improvement from the 0.3 percent growth reported a year prior.
• Despite the influx of deposits and assets, there’s been a cooling in the lending market. National median loan growth slowed to just 0.3 percent, down from 0.9 percent in third-quarter 2024. This slowdown resulted in the national median loan-to-share ratio dropping to 70 percent, down from 72 percent the previous year.
• Lately, there’s a persistent challenge for smaller credit unions: membership. While total industry membership continues to grow in the aggregate, 55 percent of all federally insured credit unions experienced a decline in their individual membership counts. These declines are concentrated in smaller credit unions, specifically those with less than $50 million in assets.
• The national median total delinquency rate rose only slightly to 67 basis points, up from 65 basis points in third-quarter 2024. Also, 88 percent of credit unions nationwide remained profitable, an uptick from 85 percent the previous year.

NCUA noted that the credit union industry’s overall health remains strong.