Credit Union Performance: Q4 FY2025 Benchmarking Report | Forvis Mazars

Credit unions are entering a period of heightened financial scrutiny as 2026 approaches. Industry-wide, loan performance is weakening, marked by increasing delinquencies and charge-offs. However, a favorable economic outlook suggests potential for net interest margin growth for credit unions with robust balance sheet governance.

Navigating a Complex Landscape

According to Chad Garber, National Credit Union Industry Leader, 2026 will be “a year defined by execution” for credit unions, facing pressures not seen in over a decade. This convergence of challenges requires a renewed focus on disciplined credit risk management and strategic capital planning.

Did You Know? The upcoming Q4 FY 2025 report will offer tailored benchmarking data segmented by total asset size, allowing credit unions to compare performance against peers.

Report Details

The Q4 FY 2025 report from Forvis Mazars will provide in-depth metrics covering loan growth, loan portfolio composition, and loan yields, analyzed over the last four quarters and four years. This historical perspective is designed to help credit unions identify emerging trends.

Currently available is a data appendix from the report. A detailed analysis of these metrics will be released in the Q1 FY 2026 report. Forvis Mazars recognizes the need for credit union professionals to access peer data for performance assessment.

Expert Insight: The emphasis on benchmarking and detailed metric analysis suggests a proactive approach to risk management is becoming increasingly critical for credit unions navigating a potentially volatile economic environment.

Credit unions can download a complimentary, customized report showcasing their performance metrics relative to similarly sized institutions. This personalized benchmarking report is available upon request.

What Could Happen Next

If economic conditions continue as currently projected, credit unions with strong balance sheet governance could see net interest margin growth. However, continued increases in loan delinquencies and charge-offs could necessitate more conservative lending practices. It is also possible that further reports will reveal more nuanced trends within specific asset size categories.

Frequently Asked Questions

What does the Q4 FY 2025 report offer?

The report offers tailored benchmarking data segmented by total asset size and in-depth metrics for loan growth, loan portfolio composition, and loan yields, covering the last four quarters and four years.

Who is providing this report?

Forvis Mazars is providing the report and related data.

When will the detailed analysis be available?

A detailed analysis of the metrics will be available in the Q1 FY 2026 report.

As credit unions prepare for a potentially challenging 2026, how important is data-driven decision-making to your institution’s long-term strategy?