Asset Quality

Delinquency Ratio (Credit Unions)

Also known as Delinquency Ratio

The delinquency ratio is the share of a credit union's loans that are 60 or more days past due, divided by total loans. It is the headline asset-quality measure on the NCUA 5300 Call Report — the credit-union analog of a bank's non-performing-loan ratio.

Formula

Delinquency Ratio = Loans 60+ Days Past Due / Total Loans

The NCUA 5300 reports delinquency at the 60-days-past-due mark, a stricter cutoff than the 90-day non-accrual line banks use for non-performing loans — so credit-union delinquency and bank NPL ratios are not directly comparable.

Why it matters

Delinquency is the leading indicator of charge-offs, and charge-offs erode net worth. Because a credit union can only rebuild capital through retained earnings, a sustained rise in delinquency is one of the clearest early warnings of capital pressure ahead.

How to interpret

The credit-union industry typically runs delinquency under 1%. Read a single quarter against the trend: a ratio drifting up over several quarters matters more than one noisy print, and concentrations (e.g. used-auto or member business loans) often explain where the deterioration is coming from.

Thresholds

Range	Label	Interpretation
< 1%	Healthy	At or below the credit-union industry norm.
1-2%	Watch	Above the typical range — worth monitoring the trend.
> 2%	Elevated	Well above norm; charge-off pressure on net worth.

Worked example

A credit union with $12 million of loans 60+ days past due against a $900 million loan book has a 1.3% delinquency ratio — above the under-1% norm, the kind of reading that warrants a look at which loan categories are driving it.

Frequently asked

How is credit-union delinquency different from a bank's NPL ratio?

The NCUA measures delinquency at 60+ days past due, while bank non-performing loans are generally 90+ days past due or on non-accrual. The two ratios are conceptually similar but use different cutoffs, so they should not be compared one-to-one.

What delinquency ratio is normal for a credit union?

The credit-union industry typically runs under 1%. Ratios above 1% are worth watching, and sustained readings above 2% signal charge-off pressure that can erode net worth.

Direction: Lower is better Units: %Call report: NCUA 5300Browse banks

Sources

NCUA 5300 Call Report

See Delinquency Ratio (Credit Unions) across 4,336 US banks

BankRegReports ranks every FDIC-insured institution by delinquency ratio (credit unions), refreshed each quarter as new FFIEC filings land.

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