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Benchmarking Report

Overview
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CU Name
IDEAL
State
Minnesota
Quarter
2020-Q3
Asset Peer
$500MM-$1B
CU Statistics
CU (01)
$828.63 M
$658.5 M
$648.87 M
51.27 K
5
7
101.48%
State CUs (100)
$299.76 M
$203.58 M
$258.56 M
19.33 K
4
5
78.74%
National Peers (278)
$704.65 M
$464.45 M
$602.46 M
51.35 K
9
8
77.09%
State Peers (3)
$758.02 M
$565.39 M
$625.4 M
50.41 K
7
8
90.40%
Income Distribution
CU
68.72%
31.28%
State CUs
70.36%
29.64%
National Peers
71.18%
28.82%
State Peers
67.70%
32.30%
Risk Rate
CU
0.72%
0.14%
State CUs
0.43%
0.16%
National Peers
0.56%
0.29%
State Peers
0.65%
0.14%
Member Metrics
CU
$ 12,844
$ 12,656
2.50
State CUs
$10,532
$13,377
2.71
National Peers
$9,044
$11,731
2.41
State Peers
$11,216
$12,406
2.60
Performance Ratios
CU
0.55%
566,910
344
State CUs
0.64%
174,473
375
National Peers
0.40%
186,877
349
State Peers
0.60%
290,079
329
Growth Rates
Asset Growth
9.06%
18.47%
15.74%
12.29%
Loan Growth
9.37%
8.63%
6.45%
6.22%
Share Growth
14.20%
21.20%
17.64%
16.57%
Member Growth
-0.55%
3.52%
2.11%
1.91%
Credit Card Growth
-15.23%
-7.47%
-9.93%
-16.27%
Auto Loan Growth
-5.54%
-2.94%
-0.58%
-12.91%
First Mortgage Loan Growth
2.37%
21.50%
14.48%
11.53%
Product Penetration
Metrics CU State CUs National Peers State Peers
Unsecured Credit Card Loans 11.95% 15.90% 14.38% 8.73%
New Vehicle Loans 2.01% 4.15% 5.39% 3.81%
Used Vehicle Loans 20.30% 18.05% 15.80% 20.04%
Share Drafts 52.45% 63.95% 59.38% 60.38%
Regular Shares 120.14% 118.37% 110.36% 118.36%
Money Market Shares 7.72% 7.85% 4.90% 7.80%
Share Certificates 6.83% 9.71% 6.86% 8.61%
First Mortgage and Other Real Estate 16.96% 12.18% 7.89% 15.06%