Business · Economy · 11 hrs ago
More Than Half of Japan’s Credit Unions Saw Deposits Fall
Deposits fell at more than half of Japan’s credit unions and credit cooperatives in the year to March 2026.
The figures cover 117 of 254 credit unions and 95 of 143 credit cooperatives.
Across all credit unions, individual deposits fell for a second straight year, down 0.27% from March 2025.
The decline is linked to population loss, inherited savings and fierce competition over interest rates.
Overall deposits at credit unions still edged up 0.2%, but individual accounts make up most deposits, so continued falls could push the total down.
The worst-ranked institution lost about 30% of its deposits, and the article says misconduct also affected it; it does not identify the institution in the supplied text.
More than half of Japan’s credit unions and credit cooperatives reported lower deposits in the year to March 2026.
Deposits fell at 117 of 254 credit unions and 95 of 143 credit cooperatives.
The Bank of Japan’s data showed personal deposits at credit unions fell 0.27% year on year.
Personal deposits declined for a second consecutive year, the only such two-year period in data going back to March 1956.
Deposit declines were reported in 27 of Japan’s 47 prefectures.
- Who
- Japan’s credit unions and credit cooperatives.
- What
- More than half reported lower deposits at the end of March 2026 than a year earlier.
- When
- The comparison is for the year ending March 2026.
- Where
- Japan; declines were recorded in 27 of the country’s 47 prefectures.
- Why
- The article cites inheritance, population decline and intense competition over interest rates as factors behind deposit outflows.
This story does not have two clearly opposing sides.
Personal deposits at credit unions fell year on year, beginning a two-year period of declines.
Personal deposits at credit unions fell 0.27% year on year, and deposits were lower at 117 credit unions and 95 credit cooperatives.
- Credit unions with deposits down
- 117 of 254
- Credit cooperatives with deposits down
- 95 of 143
- Credit union personal deposits
- Down 0.27% year on year at March 2026
- Prefectures with deposit declines
- 27 of 47
- Overall credit union deposits
- Up 0.2% at March 2026, including business deposits