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Benchmarking Report

Overview
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CU Name
IDEAL
State
Minnesota
Quarter
2020-Q2
Asset Peer
$500MM-$1B
CU Statistics
CU (01)
$823.27 M
$629.84 M
$635.45 M
50.26 K
5
7
99.12%
State CUs (100)
$291.05 M
$200.06 M
$249.56 M
19.1 K
4
5
80.16%
National Peers (276)
$706.58 M
$464.29 M
$603.18 M
51.48 K
9
9
76.97%
State Peers (4)
$804.33 M
$558.55 M
$670.3 M
52.95 K
9
9
83.33%
Income Distribution
CU
71.26%
28.74%
State CUs
72.26%
27.74%
National Peers
72.52%
27.48%
State Peers
71.93%
28.07%
Risk Rate
CU
0.59%
0.09%
State CUs
0.44%
0.12%
National Peers
0.60%
0.22%
State Peers
0.58%
0.10%
Member Metrics
CU
$ 12,532
$ 12,644
2.50
State CUs
$10,474
$13,066
2.69
National Peers
$9,018
$11,715
2.43
State Peers
$10,547
$12,658
2.57
Performance Ratios
CU
0.27%
566,910
335
State CUs
0.35%
172,124
370
National Peers
0.22%
188,769
344
State Peers
0.32%
248,463
346
Growth Rates
Asset Growth
8.89%
17.64%
14.60%
11.77%
Loan Growth
8.04%
10.91%
6.15%
7.95%
Share Growth
11.77%
19.33%
16.01%
14.26%
Member Growth
-4.30%
3.95%
2.39%
1.04%
Credit Card Growth
-12.87%
-5.06%
-7.68%
-14.94%
Auto Loan Growth
-4.52%
-0.70%
-0.20%
-9.38%
First Mortgage Loan Growth
5.70%
24.93%
13.33%
14.82%
Product Penetration
Metrics CU State CUs National Peers State Peers
Unsecured Credit Card Loans 11.96% 15.86% 14.68% 9.45%
New Vehicle Loans 2.13% 3.77% 5.57% 3.98%
Used Vehicle Loans 21.01% 17.77% 15.87% 18.78%
Share Drafts 53.15% 63.71% 59.13% 61.10%
Regular Shares 119.66% 118.42% 110.75% 117.21%
Money Market Shares 7.97% 7.73% 4.96% 7.88%
Share Certificates 7.41% 9.94% 7.18% 10.07%
First Mortgage and Other Real Estate 15.42% 12.19% 7.89% 12.15%