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NCUA State Map Data Show Loan, Membership Hot Spots And More
ALEXANDRIA, Va. (9/6/13)--Idaho has distinguished itself this week: The National Credit Union Administration's newest analysis of state-level data for federally insured credit unions reveals that that state's credit union membership and credit union loan totals are surging ahead of those reported by other states.

Idaho led the way in membership growth in the second quarter of 2013, with an 8.8% increase over the total reported in the second quarter of 2012. Virginia was a close second, with a 7.9% membership increase.

Overall, the analysis shows, membership in federally insured credit unions rose 2.2% to 95.2 million within the past year. However, membership increases were not universal. The NCUA state-by-state figures show declines in 11 states, the Virgin Islands and Washington, D.C.; the worst membership experience was observed in Nevada with a decline of 4.5%.

Idaho's loan growth total of 13.4% also led the nation. Oklahoma came in a close second, posting loan gains of 12.1%. In total, loan growth nationwide stood at 5.5% in the year ending in the second quarter of 2013, the NCUA said. This overall total is an increase from the 3.2% year-over-year loan increase reported in the second quarter of 2012.

All-in-all, loan growth was reported in 48 of the 54 states detailed in the NCUA report.

Again, Nevada credit unions came in last in this category, with loan growth declining by 7%. Three other states, the U.S. Virgin Islands, and Washington, D.C. also reported identical loan growth rates.

Asset growth was strongest in Utah and Washington, with annualized returns on average assets of 150 basis points and 126 bp, respectively.

The national ROAA at federally insured credit unions was 85 bp, essentially unchanged from the total reported in the second quarter of 2012. The Virgin Islands was the only jurisdiction with negative annualized ROAA, reporting a 13 bp loss, according to the agency.

Share and deposit growth and delinquency rates are also addressed in the NCUA release.

For the NCUA maps and an agency release, use the resource link.
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