Share Insurance Fund Report
Highlights Asset, Income Growth in Q4 2024
ALEXANDRIA, Va. (Feb. 27, 2025) – The National Credit Union Administration Board held
its second open meeting of 2025 and received a briefing by the Chief Financial
Officer on the performance of the National Credit Union Share
Insurance Fund for the quarter ending on December 31, 2024.
The Share Insurance Fund reported a net income of
$78.6 million, $22.3 billion in assets, and $145.9 million in total
income for the fourth quarter of 2024. As of the fourth quarter of
2024, the equity ratio was 1.30 percent.
“There is a lot of good news here,” NCUA Chairman Kyle
S. Hauptman said. “I’m pleased to see the Share Insurance Fund
remains strong. Reductions in unrealized losses, increased interest
revenue, and capitalization deposit adjustments throughout the year
helped to increase the Share Insurance Fund’s assets by $924.6
million. However, credit unions and the NCUA Board will need to
continue to monitor economic and market conditions. Patience,
flexibility, and sound balance sheet management will be vital in the
year ahead.”
View the entire press release
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