Assets in federally insured credit unions rose by 2.3% in the fourth quarter of 2024 - just one of the data points shared Tuesday by NCUA. The agency released updated data for the fourth quarter of 2024, including associated summaries, detailed information, graphics, and spreadsheet. Assets in federally insured credit unions rose by $52 billion to $2.31 trillion over the year ending in the fourth quarter of 2024, according to the data.

Insured shares and deposits grew $58 billion, or 3.4%, to $1.78 trillion. The delinquency rate at federally insured credit unions was 98 basis points in the fourth quarter of 2024, up 15 basis points from one year earlier.

“The growth in assets and insured shares is good news and reflects the strength and resiliency of the credit union system when operating within a mixed economic environment,” NCUA Chairman Kyle Hauptman said. “The NCUA is closely watching interest rates, delinquency rates, and inflation and their effects on the economy. Credit union managers and directors should prepare for a variety of interest rate scenarios and economic conditions.”

Credit union system performance data is available in the Credit Union Analysis section of NCUA.gov. The analysis section includes quarterly data summaries and detailed financial information, a graphics package illustrating financial trends in federally insured credit unions, and a spreadsheet listing all federally insured credit unions that filed a call report as of December 31, 2024, including key metrics.