LOCAL 355 MD

Charter #14815 | MD

<100M (2596 CUs) Micro
28 <100M in MD

LOCAL 355 MD has 6 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + ROA 0.12% above tier average
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + First Mortgage Concentration (%): Top 0.0% in tier
  • + Share Certificate Concentration (%): Top 0.0% in tier
  • + Members Per Employee (MPE): Top 0.3% in tier
  • + Net Charge-Off Rate: Top 9.4% in tier

Key Concerns

Areas that may need attention

  • - Delinquency rate 7.69% above tier average
  • - Member decline: -7.8% YoY
  • - Total Delinquency Rate (60+ days): Bottom 2.5% in tier
  • - Loan-to-Share Ratio: Bottom 2.5% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 3.1% in tier
  • - Loan Growth Rate: Bottom 3.8% in tier
  • - Average Member Relationship (AMR): Bottom 5.4% in tier
  • - Total Loans: Bottom 8.4% in tier
  • - Member Growth Rate: Bottom 9.1% in tier
  • - Fee Income Per Member: Bottom 9.1% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MD) National Avg Tier Percentile
Members 1,442
-7.8% YoY-1.6% QoQ
-1.2K 2,625
-2.2% YoY
34,720
+7.7% YoY
33,089
+6.1% YoY
39th in tier
Assets $5.6M
-1.9% YoY+0.9% QoQ
$-24.3M $29.9M
+1.1% YoY
$624.1M
+9.4% YoY
$547.7M
+7.8% YoY
Bottom 21.5% in tier
Loans $602,614
-25.8% YoY-7.9% QoQ
$-15.2M $15.8M
-2.4% YoY
$452.1M
+10.3% YoY
$388.7M
+8.6% YoY
Bottom 8.3% in tier
Deposits $4.5M
-3.0% YoY-0.0% QoQ
$-21.0M $25.5M
+0.4% YoY
$528.8M
+10.3% YoY
$464.6M
+9.3% YoY
Bottom 21.2% in tier
ROA 0.8%
-278.7% YoY-223.7% QoQ
+0.1% 0.7%
-731.4% YoY
0.6%
+23.1% YoY
0.7%
+273.4% YoY
52nd in tier
NIM 2.9%
+63.6% YoY+84.8% QoQ
-1.0% 3.9%
+3.8% YoY
3.5%
+4.2% YoY
3.7%
+5.0% YoY
Bottom 16.4% in tier
Efficiency Ratio 73.0%
-40.0% YoY-47.8% QoQ
-8.3% 81.4%
-2.4% YoY
78.6%
-6.6% YoY
79.1%
-3.3% YoY
38th in tier
Delinquency Rate 9.2%
+17.2% YoY-0.3% QoQ
+7.7 1.5%
-2.0% YoY
1.2%
+5.3% YoY
1.2%
-0.9% YoY
Top 2.5% in tier
Loan To Share 13.5%
-23.4% YoY-7.8% QoQ
-47.7% 61.2%
-3.0% YoY
65.0%
-0.2% YoY
68.0%
-1.7% YoY
Bottom 2.3% in tier
AMR $3,517
+1.5% YoY+0.6% QoQ
$-11K $14,627
-2.7% YoY
$20,685
+4.6% YoY
$19,418
+1.3% YoY
Bottom 5.4% in tier
CD Concentration 0.0% -24.4% 24.4%
+4.2% YoY
20.4%
+10.6% YoY
19.6%
+6.2% YoY
50th in tier
Indirect Auto % 0.0% -14.0% 14.0%
-5.8% YoY
7.4%
+4.0% YoY
7.9%
-2.9% YoY
50th in tier

Signature Analysis

Strengths (0)

No strengths identified

Concerns (0)

No concerns identified

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 2596 peers in tier

Top Strengths (6 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 2.84%
#1 of 2596 Top 0.0% in <100M tier
1
First Mortgage Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 14.49%
#1 of 2596 Top 0.0% in <100M tier
1
Share Certificate Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 15.37%
#1 of 2596 Top 0.0% in <100M tier
9
Members Per Employee (MPE)
engagement
Value: 1442.000
Peer Avg: 365.701
#9 of 2596 Top 0.3% in <100M tier
246
Net Charge-Off Rate
risk
Value: 0.00%
Peer Avg: 0.57%
#246 of 2596 Top 9.4% in <100M tier
558
Net Worth Ratio
risk
Value: 20.24%
Peer Avg: 16.43%
#558 of 2596 Top 21.5% in <100M tier

Top Weaknesses (11 metrics)

2533
Total Delinquency Rate (60+ days)
risk
Value: 9.20%
Peer Avg: 1.51%
#2533 of 2596 Bottom 2.5% in <100M tier
2531
Loan-to-Share Ratio
balance_sheet
Value: 13.48%
Peer Avg: 61.23%
#2531 of 2596 Bottom 2.5% in <100M tier
2517
Loan-to-Member Ratio (LMR)
engagement
Value: $417.90
Peer Avg: $5,488
#2517 of 2596 Bottom 3.1% in <100M tier
2499
Loan Growth Rate
growth
Value: -25.75%
Peer Avg: 59.01%
#2499 of 2596 Bottom 3.8% in <100M tier
2456
Average Member Relationship (AMR)
engagement
Value: $3,517
Peer Avg: $14,627
#2456 of 2596 Bottom 5.4% in <100M tier
2380
Total Loans
balance_sheet
Value: $602,614
Peer Avg: $15.77M
#2380 of 2596 Bottom 8.4% in <100M tier
2362
Member Growth Rate
growth
Value: -7.80%
Peer Avg: 14.92%
#2362 of 2596 Bottom 9.1% in <100M tier
2361
Fee Income Per Member
profitability
Value: $1.55
Peer Avg: $182.96
#2361 of 2596 Bottom 9.1% in <100M tier
2169
Net Interest Margin (NIM)
profitability
Value: 2.94%
Peer Avg: 3.93%
#2169 of 2596 Bottom 16.5% in <100M tier
2046
Total Deposits
balance_sheet
Value: $4.47M
Peer Avg: $25.45M
#2046 of 2596 Bottom 21.2% in <100M tier