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Benchmarking Report

Overview
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CU Name
IDEAL
State
Minnesota
Quarter
2022-Q1
Asset Peer
$500MM-$1B
CU Statistics
CU (01)
$950.02 M
$745.54 M
$750.43 M
50.82 K
6
6
99.35%
State CUs (93)
$392.79 M
$253.13 M
$342.78 M
21.84 K
4
5
73.85%
National Peers (295)
$718.91 M
$452.16 M
$631.65 M
47.84 K
9
8
71.58%
State Peers (4)
$691.09 M
$500.6 M
$594.3 M
44.6 K
7
7
84.23%
Income Distribution
CU
72.97%
27.03%
State CUs
69.43%
30.57%
National Peers
68.41%
31.59%
State Peers
67.98%
32.02%
Risk Rate
CU
0.61%
0.02%
State CUs
0.26%
0.03%
National Peers
0.36%
0.05%
State Peers
0.40%
0.02%
Member Metrics
CU
$ 14,669
$ 14,765
2.50
State CUs
$11,588
$15,692
2.98
National Peers
$9,451
$13,203
2.43
State Peers
$11,224
$13,325
2.47
Performance Ratios
CU
0.20%
619,791
313
State CUs
0.22%
187,416
377
National Peers
0.18%
215,422
349
State Peers
0.17%
280,790
336
Growth Rates
Asset Growth
6.09%
9.32%
7.30%
9.04%
Loan Growth
8.34%
13.16%
10.51%
9.36%
Share Growth
5.31%
9.54%
8.03%
9.81%
Member Growth
-0.95%
4.18%
2.18%
2.11%
Credit Card Growth
4.41%
11.18%
4.96%
7.17%
Auto Loan Growth
-16.11%
3.33%
9.27%
-1.62%
First Mortgage Loan Growth
-100.00%
-100.00%
-100.00%
-100.00%
Product Penetration
Metrics CU State CUs National Peers State Peers
Unsecured Credit Card Loans 11.40% 16.10% 14.57% 11.03%
New Vehicle Loans 1.74% 13.43% 5.57% 2.62%
Used Vehicle Loans 16.18% 36.36% 17.16% 19.20%
Share Drafts 54.89% 65.92% 59.97% 85.47%
Regular Shares 119.64% 118.38% 111.63% 90.73%
Money Market Shares 7.81% 8.61% 4.78% 5.02%
Share Certificates 5.16% 8.31% 5.62% 6.18%
First Mortgage and Other Real Estate 19.62% 11.82% 7.39% 13.41%