Dept. of Financial Institutions: Wisconsin’s state-chartered credit unions report sound first-quarter financial performance

MADISON, Wis. – Wisconsin’s state-chartered credit unions reported sound financial performance through the first quarter of 2025, according to data released today by the Wisconsin Department of Financial Institutions (DFI). As of March 31, 2025, there were 102 state-chartered credit unions, three federal credit unions, and a corporate credit union serving Wisconsin residents.

At the end of the first quarter, total assets for Wisconsin’s state-chartered credit unions rose to $67.6 billion. This is an increase of $1.6 billion since year-end 2024. Over the same time, loans outstanding grew by almost $354.8 million, and shares and deposits rose $1.4 billion. This resulted in a decrease in the loan-to-share ratio to 89.88% from 91.60% at year-end 2024.

In the three months ending on March 31, 2025:

• Net worth to assets decreased to 10.59%;
• Delinquent loan to total loan ratio was 0.62%, a decrease from the year-end 2024 ratio of 0.78%;
• Net income was strong at over $126.1 million, 0.75% return on average assets compared to 0.55% in 2024; and
• Growth ratios were all positive.

“The financial indicators for Wisconsin’s state-chartered credit unions continue to exhibit sound financial performance through the first quarter,” said DFI Office of Credit Unions Director Thomas Theune. “Our state’s credit unions have posted solid loan and asset growth during the first quarter of 2025 and performed well with declining delinquency and positive income ratios. These results show that Wisconsin’s state-chartered credit unions continue to be a source of stability for their credit union members and communities.”

To learn more, read the DFI’s Office of Credit Unions’ 2025 First Quarter Financial Bulletin.