The latest quarterly Call Report data by Utah Credit Union Association is available. This is the only report of its kind, with an emphasis on credit unions in Utah.

The report shows that Utah credit unions continue to outperform the national average in many key areas, such as ROA, loan growth, share growth, capital growth, and others.

System-wide, a number of ratios appear to be regressing to the long-term mean, following disruption by the recent recession and current pandemic. For example:

• Credit card balance growth is decreasing more slowly.
• Delinquency has flattened, at a low level.
• Growth of deposits, while still high, has slowed since a high in March 2021.
• Net worth ratios have started to increase.

Some key trends remain:

• Net charge offs continue to decrease
• Share certificate balances continue to decrease
• Operating expenses remain at lower than pre-pandemic levels

Download the report here.