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Benchmarking Report

Overview
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CU Name
IDEAL
State
Minnesota
Quarter
2021-Q2
Asset Peer
$500MM-$1B
CU Statistics
CU (01)
$900.01 M
$724.51 M
$710.9 M
51.7 K
6
6
101.91%
State CUs (98)
$346.08 M
$221.24 M
$300.71 M
20.24 K
4
5
73.57%
National Peers (292)
$708.59 M
$439.26 M
$617.22 M
48.83 K
9
8
71.17%
State Peers (3)
$695.23 M
$532.14 M
$591.61 M
49.69 K
7
7
89.95%
Income Distribution
CU
70.91%
29.09%
State CUs
67.27%
32.73%
National Peers
67.16%
32.84%
State Peers
62.22%
37.78%
Risk Rate
CU
0.57%
0.10%
State CUs
0.28%
0.07%
National Peers
0.41%
0.11%
State Peers
0.41%
0.09%
Member Metrics
CU
$ 14,013
$ 13,750
2.51
State CUs
$10,931
$14,858
2.82
National Peers
$8,996
$12,640
2.41
State Peers
$10,709
$11,906
2.45
Performance Ratios
CU
0.50%
612,596
304
State CUs
0.51%
175,374
378
National Peers
0.42%
210,501
354
State Peers
0.48%
332,899
338
Growth Rates
Asset Growth
9.32%
16.70%
12.54%
14.78%
Loan Growth
15.03%
9.01%
7.00%
15.70%
Share Growth
11.87%
18.29%
14.52%
16.63%
Member Growth
2.87%
4.24%
2.59%
3.53%
Credit Card Growth
-7.07%
-2.73%
-5.03%
-8.81%
Auto Loan Growth
-11.95%
-1.03%
3.83%
-3.19%
First Mortgage Loan Growth
12.74%
19.36%
13.23%
26.46%
Product Penetration
Metrics CU State CUs National Peers State Peers
Unsecured Credit Card Loans 11.22% 15.85% 14.41% 11.28%
New Vehicle Loans 1.77% 7.67% 5.46% 3.14%
Used Vehicle Loans 18.20% 23.67% 15.87% 19.67%
Share Drafts 52.92% 65.39% 59.08% 88.75%
Regular Shares 123.06% 120.75% 110.53% 85.15%
Money Market Shares 7.63% 8.31% 5.30% 4.44%
Share Certificates 5.65% 9.01% 6.21% 6.15%
First Mortgage and Other Real Estate 19.22% 12.01% 7.46% 13.48%