- Asset balance in January 2025 reflects the repayment of the short-term borrowing totaling $5.0 billion from the Bank Term Funding Program.
- 3+ month delinquency is expressed as a percentage of outstanding loans.
| January 2024 | January 2025 | Change | Additional information | |
|---|---|---|---|---|
| Assets1 | $54.5 billion | $53.8 billion | ↓ $0.7 billion | 1% Decline |
| Loans | $33.2 billion | $35.1 billion | ↑ $1.9 billion | 5% Growth |
| Deposits | $44.8 billion | $48.6 billion | ↑ $3.8 billion | 8% Growth |
| Capital | $5.28 billion | $5.47 billion | ↑ $195 million | 4% Growth |
| Loans/deposits | 75% | 73% | 2% lower | N/A |
| Loans charged off | 0.66% | 0.63% | 0.03% lower | Member loan losses have remained at less than 1%. |
| 3+ Month Delinquency2 | 1.12% | 1.71% | 0.59% higher | Loan delinquencies have risen as members experience financial difficulties. |
| Additions to Capital Reserves during the 12-Month Period | $337 million | $195 million | $142 million lower | Contributions to capital reserves decreased from last year. SECU continues to maintain substantial reserves and meet regulatory requirements. |
| Expenses to assets | 2.20% | 2.30% | 0.10% higher | The operating expense ratio increased due to investment in resources to benefit our members. |