IRONWORKERS USA

Charter #13649 | OR

100M-500M (1077 CUs) Micro
18 100M-500M in OR

IRONWORKERS USA has 15 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 0.4% in tier
  • + Organic Growth Leader: Top 1.3% in tier
  • + Emerging Performer: Top 1.8% in tier
  • + Wallet Share Momentum: Top 34.0% in tier
  • + Relationship Depth Leader: Top 36.5% in tier
  • + ROA 0.42% above tier average
  • + Net Interest Margin 1.36% above tier average
  • + Strong member growth: 16.0% YoY
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + First Mortgage Concentration (%): Top 0.0% in tier
  • + Members Per Employee (MPE): Top 1.5% in tier
  • + Member Growth Rate: Top 2.4% in tier
  • + Asset Growth Rate: Top 3.0% in tier
  • + Deposit Growth Rate: Top 3.0% in tier
  • + Loan Growth Rate: Top 4.4% in tier

Key Concerns

Areas that may need attention

  • - Growth-at-Risk: Bottom 0.1% in tier
  • - Credit Quality Pressure: Bottom 0.6% in tier
  • - Liquidity Strain: Bottom 14.5% in tier
  • - Margin Compression: Bottom 19.8% in tier
  • - Delinquency rate 2.57% above tier average
  • - Total Delinquency Rate (60+ days): Bottom 1.5% in tier
  • - Average Member Relationship (AMR): Bottom 5.3% in tier
  • - Net Charge-Off Rate: Bottom 9.0% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (OR) National Avg Tier Percentile
Members 17,502
+16.0% YoY+1.7% QoQ
 +1.9K 15,628
-3.4% YoY
 48,799
+9.4% YoY
 33,089
+6.1% YoY
 66th in tier
Assets $141.2M
+16.6% YoY+5.1% QoQ
 $-90.1M $231.3M
-0.0% YoY
 $801.2M
+7.5% YoY
 $547.7M
+7.8% YoY
 27th in tier
Loans $114.5M
+18.2% YoY+2.9% QoQ
 $-33.3M $147.8M
-1.4% YoY
 $546.0M
+10.9% YoY
 $388.7M
+8.6% YoY
 44th in tier
Deposits $124.1M
+16.9% YoY+5.5% QoQ
 $-76.2M $200.3M
-0.0% YoY
 $683.7M
+7.5% YoY
 $464.6M
+9.3% YoY
 28th in tier
ROA 1.2%
-13.4% YoY-13.1% QoQ
 +0.4% 0.8%
+15.5% YoY
 0.7%
+15.2% YoY
 0.7%
+273.4% YoY
 Top 21.2% in tier
NIM 4.9%
-4.9% YoY-0.7% QoQ
 +1.4% 3.6%
+6.9% YoY
 3.9%
+7.2% YoY
 3.7%
+5.0% YoY
 Top 3.2% in tier
Efficiency Ratio 69.5%
-1.6% YoY+0.7% QoQ
 -7.8% 77.3%
-3.0% YoY
 76.2%
-3.6% YoY
 79.1%
-3.3% YoY
 Bottom 24.3% in tier
Delinquency Rate 3.4%
+89.5% YoY+21.3% QoQ
 +2.6 0.9%
+7.6% YoY
 0.9%
-6.6% YoY
 1.2%
-0.9% YoY
 Top 1.5% in tier
Loan To Share 92.3%
+1.1% YoY-2.5% QoQ
 +19.6% 72.7%
-1.5% YoY
 76.2%
+0.8% YoY
 68.0%
-1.7% YoY
 Top 11.3% in tier
AMR $13,634
+1.3% YoY+2.5% QoQ
 $-11K $24,363
+2.9% YoY
 $25,038
+0.5% YoY
 $19,418
+1.3% YoY
 Bottom 5.2% in tier
CD Concentration 28.5%
+8.9% YoY-6.3% QoQ
 +4.0% 24.4%
+4.2% YoY
 16.6%
+1.3% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 0.0% -14.0% 14.0%
-5.8% YoY
 13.9%
-0.5% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (5)

Organic Growth Engine

growth
#8 of 603 • Top 0.4% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 16.02%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 1.21%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Indirect Auto %: 0.00%
(Tier: 13.96%, National: 7.90%)
better than tier avg
603 of 1077 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | Rank worsening

Organic Growth Leader

growth
#18 of 430 • Top 1.3% in tier

Attracting members without relying on indirect channels. Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 16.02%
(Tier: 0.88%, National: 9.37%)
better than tier avg
430 of 1077 Community CUs have this signature | 608 nationally
↓ Shrinking -21 CUs YoY

Emerging Performer

growth
#35 of 627 • Top 1.8% in tier

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

Why This Signature
Return on Assets: 1.21%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Member Growth (YoY): 16.02%
(Tier: 0.88%, National: 9.37%)
better than tier avg
627 of 1077 Community CUs have this signature | 852 nationally
↑ Growing +13 CUs YoY | Rank improving

Wallet Share Momentum

growth
#937 of 1006 • Top 34.0% in tier

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

Why This Signature
AMR Growth (YoY): 1.28%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Relationship Depth Leader

growth
#1006 of 1006 • Top 36.5% in tier

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

Why This Signature
AMR Growth (YoY): 1.28%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $931.76
(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

Concerns (4)

Growth-at-Risk

risk
#3 of 446 • Bottom 0.1% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 18.19%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 1.62% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 1077 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | Rank improving

Credit Quality Pressure

risk
#16 of 736 • Bottom 0.6% in tier

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

Why This Signature
Delinquency Change (YoY): 1.62% 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

Liquidity Strain

risk
#113 of 258 • Bottom 14.5% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 92.31%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 18.19%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
258 of 1077 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | Rank improving

Margin Compression

decline
#84 of 136 • Bottom 19.8% in tier

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

Why This Signature
Return on Assets: 1.21%
(Tier: 0.77%, National: 0.71%)
but better than tier avg
ROA Change (YoY): -0.19% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Total Assets: $141.17M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
136 of 1077 Community CUs have this signature | 169 nationally
↓ Shrinking -43 CUs YoY | Rank worsening

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 (11 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 13.34%
#1 of 1077 Top 0.0% in 100M-500M tier
1
First Mortgage Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 30.43%
#1 of 1077 Top 0.0% in 100M-500M tier
17
Members Per Employee (MPE)
engagement
Value: 648.222
Peer Avg: 332.881
#17 of 1077 Top 1.5% in 100M-500M tier
27
Member Growth Rate
growth
Value: 16.02%
Peer Avg: 0.72%
#27 of 1077 Top 2.4% in 100M-500M tier
33
Asset Growth Rate
growth
Value: 16.59%
Peer Avg: 4.70%
#33 of 1077 Top 3.0% in 100M-500M tier
33
Deposit Growth Rate
growth
Value: 16.88%
Peer Avg: 4.69%
#33 of 1077 Top 3.0% in 100M-500M tier
35
Net Interest Margin (NIM)
profitability
Value: 4.94%
Peer Avg: 3.58%
#35 of 1077 Top 3.2% in 100M-500M tier
48
Loan Growth Rate
growth
Value: 18.19%
Peer Avg: 3.45%
#48 of 1077 Top 4.4% in 100M-500M tier
122
Loan-to-Share Ratio
balance_sheet
Value: 92.31%
Peer Avg: 72.70%
#122 of 1077 Top 11.2% in 100M-500M tier
228
Return on Assets (ROA)
profitability
Value: 1.21%
Peer Avg: 0.79%
#228 of 1077 Top 21.1% in 100M-500M tier

Top Weaknesses (4 metrics)

1062
Total Delinquency Rate (60+ days)
risk
Value: 3.42%
Peer Avg: 0.86%
#1062 of 1077 Bottom 1.5% in 100M-500M tier
1021
Average Member Relationship (AMR)
engagement
Value: $13,634
Peer Avg: $24,363
#1021 of 1077 Bottom 5.3% in 100M-500M tier
981
Net Charge-Off Rate
risk
Value: 1.06%
Peer Avg: 0.47%
#981 of 1077 Bottom 9.0% in 100M-500M tier
877
Loan-to-Member Ratio (LMR)
engagement
Value: $6,544
Peer Avg: $10,245
#877 of 1077 Bottom 18.7% in 100M-500M tier