NESC

Charter #12334 | MA

100M-500M (1077 CUs) Micro
32 100M-500M in MA

NESC has 6 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 0.4% in tier
  • + Relationship Depth Leader: Top 4.0% in tier
  • + Emerging Performer: Top 29.3% in tier
  • + Net Interest Margin 0.38% above tier average
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + AMR Growth Rate: Top 0.7% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 0.2% in tier
  • - Stagnation Risk: Bottom 1.7% in tier
  • - Credit Quality Pressure: Bottom 10.3% in tier
  • - Institutional Decline: Bottom 14.7% in tier
  • - Efficiency Drag: Bottom 25.1% in tier
  • - Margin Compression: Bottom 32.0% in tier
  • - ROA 0.03% below tier average
  • - Efficiency ratio 5.57% above tier (higher cost structure)
  • - Member decline: -20.1% YoY
  • - Member Growth Rate: Bottom 0.7% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
Members 7,869
-20.1% YoY-0.1% QoQ
 -7.8K 15,628
-3.4% YoY
 27,447
+2.6% YoY
 33,089
+6.1% YoY
 Bottom 14.7% in tier
Assets $121.1M
+6.2% YoY+0.1% QoQ
 $-110.2M $231.3M
-0.0% YoY
 $440.2M
+4.2% YoY
 $547.7M
+7.8% YoY
 Bottom 13.8% in tier
Loans $86.4M
-2.1% YoY-0.1% QoQ
 $-61.4M $147.8M
-1.4% YoY
 $341.2M
+2.4% YoY
 $388.7M
+8.6% YoY
 26th in tier
Deposits $107.7M
+5.9% YoY+0.1% QoQ
 $-92.6M $200.3M
-0.0% YoY
 $366.8M
+5.5% YoY
 $464.6M
+9.3% YoY
 Bottom 16.2% in tier
ROA 0.8%
-13.9% YoY+3.1% QoQ
 -0.0% 0.8%
+15.5% YoY
 0.7%
+17.3% YoY
 0.7%
+273.4% YoY
 50th in tier
NIM 4.0%
-2.7% YoY+0.9% QoQ
 +0.4% 3.6%
+6.9% YoY
 3.3%
+3.8% YoY
 3.7%
+5.0% YoY
 71st in tier
Efficiency Ratio 82.8%
+3.9% YoY+0.0% QoQ
 +5.6% 77.3%
-3.0% YoY
 80.4%
-4.7% YoY
 79.1%
-3.3% YoY
 70th in tier
Delinquency Rate 0.4%
+281.7% YoY-16.0% QoQ
 -0.4 0.9%
+7.6% YoY
 0.9%
-6.0% YoY
 1.2%
-0.9% YoY
 30th in tier
Loan To Share 80.2%
-7.6% YoY-0.2% QoQ
 +7.5% 72.7%
-1.5% YoY
 74.2%
-1.7% YoY
 68.0%
-1.7% YoY
 64th in tier
AMR $24,656
+27.9% YoY+0.0% QoQ
 +$293 $24,363
+2.9% YoY
 $24,707
+3.7% YoY
 $19,418
+1.3% YoY
 63rd in tier
CD Concentration 24.0%
+13.8% YoY+3.8% QoQ
 -0.4% 24.4%
+4.2% YoY
 24.8%
+8.8% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 0.0% -14.0% 14.0%
-5.8% YoY
 2.6%
-15.5% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (3)

Wallet Share Momentum

growth
#11 of 1006 • Top 0.4% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 27.87%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Relationship Depth Leader

growth
#110 of 1006 • Top 4.0% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 27.87%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.7K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Emerging Performer

growth
#550 of 627 • Top 29.3% in tier

Profitable credit union with positive returns. May represent growth potential worth exploring.

Why This Signature
Return on Assets: 0.76%
(Tier: 0.77%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): -20.10%
(Tier: 0.88%, National: 9.37%)
but worse than tier avg
627 of 1077 Community CUs have this signature | 852 nationally
↑ Growing +13 CUs YoY | Rank worsening

Concerns (6)

Membership Headwinds

decline
#5 of 550 • Bottom 0.2% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -20.10%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | New qualifier

Stagnation Risk

risk
#29 of 550 • Bottom 1.7% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: 0.76%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -20.10%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $24.7K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 24.01%
(Tier: 24.41%, National: 19.60%)
but better than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | New qualifier

Credit Quality Pressure

risk
#257 of 736 • Bottom 10.3% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.31% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 1077 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank improving

Institutional Decline

decline
#117 of 256 • Bottom 14.7% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature
Total Assets: $121.08M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -20.10%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -2.13%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | New qualifier

Efficiency Drag

risk
#443 of 521 • Bottom 25.1% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 82.84%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): -0.12% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -20.10%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 1077 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | New qualifier

Margin Compression

decline
#135 of 136 • Bottom 32.0% in tier

Strong profitability track record but margins eroding. Something changed - rising costs or falling yields need addressing.

Why This Signature
Return on Assets: 0.76%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
ROA Change (YoY): -0.12% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Total Assets: $121.08M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
136 of 1077 Community CUs have this signature | 169 nationally
↓ Shrinking -43 CUs YoY | New qualifier

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 1077 peers in tier

Top Strengths (3 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 13.34%
#1 of 1077 Top 0.0% in 100M-500M tier
9
AMR Growth Rate
growth
Value: 27.87%
Peer Avg: 3.64%
#9 of 1077 Top 0.7% in 100M-500M tier
169
Net Charge-Off Rate
risk
Value: 0.10%
Peer Avg: 0.47%
#169 of 1077 Top 15.6% in 100M-500M tier

Top Weaknesses (6 metrics)

1070
Member Growth Rate
growth
Value: -20.10%
Peer Avg: 0.72%
#1070 of 1077 Bottom 0.7% in 100M-500M tier
928
Total Assets
balance_sheet
Value: $121.08M
Peer Avg: $231.30M
#928 of 1077 Bottom 13.9% in 100M-500M tier
919
Total Members
engagement
Value: 7,869
Peer Avg: 15,628
#919 of 1077 Bottom 14.8% in 100M-500M tier
902
Total Deposits
balance_sheet
Value: $107.65M
Peer Avg: $200.29M
#902 of 1077 Bottom 16.3% in 100M-500M tier
885
First Mortgage Concentration (%)
balance_sheet
Value: 46.80%
Peer Avg: 30.43%
#885 of 1077 Bottom 17.9% in 100M-500M tier
810
Loan Growth Rate
growth
Value: -2.13%
Peer Avg: 3.45%
#810 of 1077 Bottom 24.9% in 100M-500M tier