MARINE

Charter #12977 | NC

1B-3B (304 CUs) Mid-Market (380 CUs)
6 1B-3B in NC

MARINE has 7 strengths but faces 9 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 4.0% in tier
  • + Relationship Depth Leader: Top 14.5% in tier
  • + Emerging Performer: Top 27.8% in tier
  • + Net Interest Margin 1.39% above tier average
  • + First Mortgage Concentration (%): Top 3.9% in tier
  • + AMR Growth Rate: Top 8.6% in tier
  • + Efficiency Ratio: Top 8.9% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 11.7% in tier
  • - Stagnation Risk: Bottom 15.9% in tier
  • - Indirect Auto Dependency: Bottom 15.9% in tier
  • - ROA 0.03% below tier average
  • - Delinquency rate 0.37% above tier average
  • - Member decline: -4.0% YoY
  • - Net Charge-Off Rate: Bottom 2.6% in tier
  • - Total Assets: Bottom 6.6% in tier
  • - Member Growth Rate: Bottom 9.5% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Members 78,264
-4.0% YoY-0.6% QoQ
 -20.4K 98,678
-1.9% YoY
 91,841
+6.6% YoY
 33,089
+6.1% YoY
 39th in tier
Assets $1.1B
+3.5% YoY+1.8% QoQ
 $-668.3M $1.7B
+0.5% YoY
 $1.5B
+5.5% YoY
 $547.7M
+7.8% YoY
 Bottom 6.2% in tier
Loans $774.0M
+6.8% YoY+6.4% QoQ
 $-459.1M $1.2B
+0.5% YoY
 $1.1B
+9.9% YoY
 $388.7M
+8.6% YoY
 Bottom 13.5% in tier
Deposits $927.9M
+4.6% YoY+1.6% QoQ
 $-526.5M $1.5B
+1.3% YoY
 $1.3B
+12.1% YoY
 $464.6M
+9.3% YoY
 Bottom 11.2% in tier
ROA 0.7%
-3.3% YoY-10.9% QoQ
 -0.0% 0.7%
+13.4% YoY
 0.4%
-19.0% YoY
 0.7%
+273.4% YoY
 51st in tier
NIM 4.6%
+4.4% YoY-0.0% QoQ
 +1.4% 3.3%
+9.3% YoY
 4.1%
+4.0% YoY
 3.7%
+5.0% YoY
 Top 1.3% in tier
Efficiency Ratio 61.2%
-4.7% YoY-0.5% QoQ
 -12.8% 74.0%
-10.9% YoY
 81.5%
-1.2% YoY
 79.1%
-3.3% YoY
 Bottom 8.9% in tier
Delinquency Rate 1.2%
-5.8% YoY+10.8% QoQ
 +0.4 0.8%
+6.1% YoY
 1.5%
+2.4% YoY
 1.2%
-0.9% YoY
 Top 17.1% in tier
Loan To Share 83.4%
+2.1% YoY+4.7% QoQ
 -1.8% 85.2%
-0.8% YoY
 76.3%
+1.1% YoY
 68.0%
-1.7% YoY
 37th in tier
AMR $21,745
+10.0% YoY+4.4% QoQ
 $-7K $29,172
+2.8% YoY
 $17,441
+4.0% YoY
 $19,418
+1.3% YoY
 Bottom 12.8% in tier
CD Concentration 21.5%
+3.0% YoY+0.6% QoQ
 -7.4% 29.0%
+0.8% YoY
 20.6%
+2.2% YoY
 19.6%
+6.2% YoY
 Bottom 17.7% in tier
Indirect Auto % 24.2%
-13.4% YoY-6.5% QoQ
 +5.4% 18.8%
-2.8% YoY
 5.3%
-2.9% YoY
 7.9%
-2.9% YoY
 66th in tier

Signature Analysis

Strengths (3)

Wallet Share Momentum

growth
#30 of 264 • Top 4.0% in tier

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

Why This Signature
AMR Growth (YoY): 9.97%
(Tier: 3.04%, National: 4.19%)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank improving

Relationship Depth Leader

growth
#106 of 264 • Top 14.5% in tier

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

Why This Signature
AMR Growth (YoY): 9.97%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.3K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY

Emerging Performer

growth
#148 of 184 • Top 27.8% in tier

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

Why This Signature
Return on Assets: 0.68%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): -4.00%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | Rank worsening

Concerns (3)

Membership Headwinds

decline
#29 of 85 • Bottom 11.7% in tier

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

Why This Signature
Member Growth (YoY): -4.00%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | Rank improving

Stagnation Risk

risk
#39 of 85 • Bottom 15.9% 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: 0.68%
(Tier: 0.71%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -4.00%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $21.7K
(Tier: $29.2K, National: $19.4K)
worse than tier avg
CD Concentration: 21.55%
(Tier: 28.98%, National: 19.60%)
but better than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#99 of 202 • Bottom 15.9% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): 3.49%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 24.18%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -4.00%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY | Rank improving

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 304 peers in tier

Top Strengths (5 metrics)

4
Net Interest Margin (NIM)
profitability
Value: 4.65%
Peer Avg: 3.26%
#4 of 304 Top 1.0% in 1B-3B tier
13
First Mortgage Concentration (%)
balance_sheet
Value: 12.39%
Peer Avg: 34.01%
#13 of 304 Top 3.9% in 1B-3B tier
27
AMR Growth Rate
growth
Value: 9.97%
Peer Avg: 3.29%
#27 of 304 Top 8.6% in 1B-3B tier
28
Efficiency Ratio
profitability
Value: 61.20%
Peer Avg: 73.97%
#28 of 304 Top 8.9% in 1B-3B tier
60
Share Certificate Concentration (%)
balance_sheet
Value: 21.55%
Peer Avg: 28.53%
#60 of 304 Top 19.4% in 1B-3B tier

Top Weaknesses (8 metrics)

297
Net Charge-Off Rate
risk
Value: 1.63%
Peer Avg: 0.60%
#297 of 304 Bottom 2.6% in 1B-3B tier
285
Total Assets
balance_sheet
Value: $1.05B
Peer Avg: $1.72B
#285 of 304 Bottom 6.6% in 1B-3B tier
276
Member Growth Rate
growth
Value: -4.00%
Peer Avg: 2.20%
#276 of 304 Bottom 9.5% in 1B-3B tier
270
Total Deposits
balance_sheet
Value: $927.86M
Peer Avg: $1.45B
#270 of 304 Bottom 11.5% in 1B-3B tier
265
Average Member Relationship (AMR)
engagement
Value: $21,745
Peer Avg: $29,172
#265 of 304 Bottom 13.2% in 1B-3B tier
263
Total Loans
balance_sheet
Value: $773.96M
Peer Avg: $1.23B
#263 of 304 Bottom 13.8% in 1B-3B tier
254
Loan-to-Member Ratio (LMR)
engagement
Value: $9,889
Peer Avg: $13,213
#254 of 304 Bottom 16.8% in 1B-3B tier
253
Total Delinquency Rate (60+ days)
risk
Value: 1.20%
Peer Avg: 0.83%
#253 of 304 Bottom 17.1% in 1B-3B tier