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Earnings · Q2 2026 call reports

Credit union dividends paid on deposits

Annualized dividends on shares plus interest on deposits, divided by average shares and deposits. A blended rate across every account the credit union pays on, not an advertised rate. The median across all 4,297 credit unions reporting it was 1.20% for the quarter ended June 30, 2026. Among those with $100 million or more in assets, the middle half ran from 1.13% to 1.88% (median 1.48%).

Why it matters

This shows how much a credit union actually paid its members on their savings, across every account. It is a blended rate, not an advertised one, but it reveals who returns the most to depositors.

How it is calculated

Dividends on shares plus interest on deposits, annualized, divided by average shares and deposits. Year-to-date amounts are annualized (times 12 over the months elapsed), and average balances are the mean of this quarter and the prior December, as in NCUA's Financial Performance Report.

NCUA 5300 call report accounts: ACCT_380 (dividends on shares) · ACCT_381 (interest on deposits) · ACCT_018 (total shares and deposits). Methodology

How credit unions are spread

Distribution of dividends paid on deposits, Q2 2026 1,820 credit unions with $100 million or more in assets. Middle half from 1.13% to 1.88%, median 1.48%. 0.29% median 1.48% 3.05%
1,820 credit unions with $100 million or more in assets. Shaded: the middle half. Line: the median. The most extreme 1% at each end (38 credit unions) are left off the chart.

By NCUA peer group

AssetsCount25th pctMedian75th pct
Under $2 million in assets2310.00%0.25%0.89%
$2 million to $10 million5380.30%0.83%1.63%
$10 million to $50 million1,1350.49%0.94%1.47%
$50 million to $100 million5730.68%1.02%1.48%
$100 million to $500 million1,0610.97%1.33%1.69%
$500 million and up7591.36%1.67%2.05%

Highest dividends paid on deposits

Using the rules of the national ranking. See the top 100.

  1. State Farm Federal Credit Union Bloomington, IL 4.04%
  2. San Joaquin Power Employees Credit Union Fresno, CA 3.96%
  3. SJP Federal Credit Union Buffalo, NY 3.75%
  4. Lafayette Federal Credit Union Rockville, MD 3.58%
  5. Freedom Northwest Credit Union Kamiah, ID 3.45%
  6. Workmen's Circle Incorporated Credit Union Savannah, GA 3.44%
  7. Wcla Credit Union Olympia, WA 3.42%
  8. Employees Credit Union Estherville, IA 3.25%
  9. Usalliance Federal Credit Union Rye, NY 3.25%
  10. Star One Credit Union Sunnyvale, CA 3.23%

Lowest dividends paid on deposits

  1. First Financial Federal Credit Union Freehold, NJ 0.03%
  2. Central State Credit Union Stockton, CA 0.10%
  3. Hibbing Cooperative Credit Union Hibbing, MN 0.11%
  4. Marquette Community Federal Credit Union Marquette, MI 0.13%
  5. Allied Federal Credit Union Arlington, TX 0.14%
  6. Finger Lakes Federal Credit Union Geneva, NY 0.16%
  7. University of Nebraska Federal Credit Union Lincoln, NE 0.19%
  8. Deepwater Industries Federal Credit Union Deepwater, NJ 0.23%
  9. Laredo Federal Credit Union Laredo, TX 0.23%
  10. Ufirst Federal Credit Union Plattsburgh, NY 0.24%

Median by state

Credit unions headquartered in each state, with $100 million or more in assets; states with at least three.

StateMedianCount
Utah2.22%22
Kentucky1.93%17
Arkansas1.88%5
Wyoming1.74%11
South Dakota1.73%12
Nebraska1.72%16
Maine1.69%40
Tennessee1.66%41
Kansas1.66%19
Wisconsin1.61%49
North Dakota1.60%12
Vermont1.60%7
Rhode Island1.60%8
Indiana1.59%44
Colorado1.59%37
Oklahoma1.58%27
New Hampshire1.57%9
Virginia1.56%46
Massachusetts1.55%58
Alabama1.54%36
Idaho1.54%17
Iowa1.54%29
Illinois1.53%53
Missouri1.53%29
Minnesota1.50%43
District of Columbia1.49%11
Louisiana1.49%29
Ohio1.49%77
North Carolina1.48%26
Texas1.48%141
Washington1.45%40
Florida1.44%72
Mississippi1.44%13
Pennsylvania1.42%86
New Mexico1.40%16
Montana1.38%17
California1.37%150
South Carolina1.37%22
Hawaii1.37%25
Arizona1.37%21
New York1.35%91
Delaware1.33%6
Georgia1.32%30
West Virginia1.30%11
Michigan1.30%113
Connecticut1.29%21
Maryland1.28%34
Nevada1.25%11
New Jersey1.25%29
Puerto Rico1.25%3
Oregon1.23%29
Alaska1.02%7

Source: NCUA 5300 Call Report quarterly data, Q2 2026. Not affiliated with NCUA. Every credit union's figure is on its own page, in the screener, and in the free API.

Questions people ask

What is the average credit union dividends paid on deposits?

The median across 4,297 credit unions was 1.20% in the Q2 2026 call reports. Among credit unions with $100 million or more in assets, the middle half ran from 1.13% to 1.88%.

Is a higher dividends paid on deposits better?

Generally yes, for members and for safety: a higher dividends paid on deposits is better, all else equal. Compare it with credit unions of the same size, since size and lending mix drive it.

How is dividends paid on deposits calculated?

Dividends on shares plus interest on deposits, annualized, divided by average shares and deposits. Year-to-date amounts are annualized (times 12 over the months elapsed), and average balances are the mean of this quarter and the prior December, as in NCUA's Financial Performance Report. Source accounts on NCUA's 5300 call report: ACCT_380 (dividends on shares); ACCT_381 (interest on deposits); ACCT_018 (total shares and deposits).

Which credit union has the highest dividends paid on deposits?

State Farm Federal Credit Union of Bloomington, IL, at 4.04% in Q2 2026, under the rules of the national ranking.