Q3 2024 Quarterly Report Available

The latest Call Report data has been loaded into Callahan’s Peer Suite, and we’ve built our latest quarterly report focused on Utah’s credit unions. Download the report, here.

The report verifies what credit union professionals already intuitively feel:

  • Loan growth has slowed considerably from 2 years ago, to below pre-pandemic levels.
  • Utah’s credit unions, tend to focus more on “other real estate” lending over first mortgages.
  • After an extended below-average level, delinquency and charge-offs have risen to above long-term averages
  • Share certificate growth continue to decline to more normal levels, but remains higher than other types of share growth
  • Cost of funds appears is leveling off—slightly
  • Interest income continues to rise

Consider the charts below, which are all taken directly from the report.

All credit unions affiliated with the Association have access to Callahan’s Peer Suite as part of their membership. Get details here.

The report, the latest in a long line of reports, download it here. As they become available, the reports are posted on the Association’s website, here.