The U.S. economy proved remarkably resilient in 2025. Despite pressures from tariffs and muted job growth, GDP held steady and unemployment remained stable. Credit unions, too, delivered solid performance amid asset quality concerns and a diverging K-shaped economy. In the fourth quarter, share and loan growth outpaced recent quarters. And despite an industrywide pullback in indirect lending, membership continued to grow.
The following Market Snapshot and Two-Year Financial Statement offers a clear point of reference for credit unions as credit unions plan for what comes next. Now, the page turns to 2026.
Credit Union Performance Reports
Callahan’s Market Snapshot and Two-Year Financial Statement equip credit union leaders with the tools they need to be more informed stewards of members’ money.
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Quarterly Performance Webinar
The Latest Insights – Available On Your Schedule: Callahan experts provide context that shows what performance signals about risk, resilience, and opportunity across the movement. The insights shared during this session are designed to support confident decision‑making and strengthen leadership conversations throughout the organization. Watch Trendwatch 4Q25 now.
Quarterly Performance Coverage
10 Credit Unions That Top The Charts In Member Value (4Q25): Callahan & Associates spotlights credit unions that return more value to members. See where you rank.
5 Takeaways From Trendwatch 4Q25: As the Federal Reserve cuts interest rates, credit unions are adapting in tandem, balancing membership needs with asset quality. Read more.
How Affinity FCU Became A Financial First Responder. The New Jersey-New York metro credit union shares how a wellbeing-led strategy ensures members know where to turn first when life gets difficult. Watch the Affinity FCU presentation from Trendwatch.
The American Budget Squeeze: The affordability crisis extends far beyond big-ticket expenses. As the rising cost of basic necessities outpaces income growth, household budgets are under strain and long-term financial stability is increasingly at risk. Read more.
The Affordability Crisis Is Reshaping Credit Union Balance Sheets: Members are struggling with an affordability crisis that is changing how they manage debt, and new behaviors are showing up across the credit union loan portfolio. Read more.
Asset Quality Takes An Uncomfortable Turn In 2025: Credit union asset quality didn’t collapse in 2025 — but it didn’t cooperate, either. What’s going on, and are credit unions prepared to respond in 2026? Read more.
Flexibility In The Earnings Model Matters More As Rates Turn: As credit unions move deeper into 2026, the earnings conversation is shifting. Elevated interest rates have boosted margins and strengthened earnings flexibility, but that advantage won’t persist indefinitely. Read more.
Quarterly Performance Coverage: Exclusive Client Content
Affordability And The New Price Of Normal: For millions of American households, paychecks no longer stretch to cover the basics. As the cost of housing, food, and other essentials races ahead of wages, the financial squeeze is hitting hardest where credit unions are most focused: lower- and middle-income families trying to hold their ground. Read more.
The Affordability Crisis Spreads From The Kitchen Table To The Call Report: The nationwide affordability crisis has become an inescapable issue for credit union members, affecting how they borrow, spend, and plan for the future. From housing and vehicles to education and everyday essentials, the cost of daily living is on the rise, leaving many households struggling to save, qualify for loans, and manage debt. Read more.
Asset Quality Is Back In The Spotlight, And Credit Unions Have Tough Decisions Ahead: The first quarter of 2025 offered a sign that three years of gradual asset-quality deterioration could be slowing; however, subsequent quarters defied that narrative and moved asset quality squarely back into the spotlight for credit unions and regulators. Read more.
How Shifting Rates Could Impact The Credit Union Earnings Model: As credit union leaders turn their calendars deeper into 2026, the effects of interest rate changes are becoming more important. Rapidly rising rates the past few years have allowed credit unions to reprice their portfolios to a more favorable earnings position — one many leaders have relied upon to cover rising operating expenses and increased provisioning requirements. Read more.
Let’s Review Your Performance Together. Join Callahan for a complimentary 1:1 session to analyze your performance reports using key insights from second quarter performance data. We’ll benchmark your credit union against two to three peer groups of your choice and provide a detailed report of our findings at the end of the session to help your team make informed strategic decisions. Request now.
See You Next Quarter! CreditUnions.com updates this page with fresh credit union data every quarter, so don’t forget to come back for insights into the first quarter of 2026.