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HERITAGE

Charter #16626 · IN

Mid-Market 1B-3B
300 CUs in 1B-3B nationally 10 in IN
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HERITAGE has 1 strength but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + ROA 0.10% above tier average

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 25.8% in tier
  • - Credit Risk Growth: Bottom 75.8% in tier
  • - Indirect Auto Dependency: Bottom 80.6% in tier
  • - Membership Headwinds: Bottom 85.2% in tier
  • - Stagnation Risk: Bottom 85.2% in tier
  • - Efficiency ratio 5.19% above tier (higher cost structure)
  • - Total Deposits: Bottom 4.0% in tier
  • - Total Assets: Bottom 4.7% in tier

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 2026 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • One of 300 credit unions with $1B-$3B in assets nationally, and 1 of 10 that size in Indiana.
  • Shares and deposits +1.9% year over year ($856M in shares and deposits).
  • Membership: 64,087 members, -1.9% vs a year ago.
  • Delinquency rate 0.33%.
  • Return on assets 0.92%.
  • Efficiency ratio 78.21% vs a 73.02% peer average.
  • Loan-to-share ratio 83.95% vs a 84.71% peer average.

Data period: Q2 2026 NCUA call report. Animation disabled (reduced-motion preference). Full details in the metrics table below.

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Members 64,087
-1.9% YoY-0.4% QoQ
-32.8K 96,861
-1.9% YoY
23,392
+5.7% YoY
34,678
+6.6% YoY
20%
Assets $1.0B
+1.5% YoY-2.4% QoQ
$-692.2M $1.7B
+0.4% YoY
$404.4M
+8.2% YoY
$593.1M
+10.2% YoY
Bottom 4.3% in tier
Loans $718.6M
+1.5% YoY-0.2% QoQ
$-515.7M $1.2B
+0.7% YoY
$288.6M
+8.1% YoY
$418.6M
+10.1% YoY
Bottom 7.7% in tier
Deposits $855.9M
+1.9% YoY-1.3% QoQ
$-607.4M $1.5B
+0.5% YoY
$337.5M
+7.0% YoY
$504.8M
+10.3% YoY
Bottom 3.7% in tier

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
AI-generated insights and rankings

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ROA 0.9%
+24.5% YoY+10.5% QoQ
+0.1% 0.8%
+27.6% YoY
1.6%
+105.9% YoY
1.2%
+121.4% YoY
65%
NIM 3.4%
+6.6% YoY+3.1% QoQ
+0.0% 3.4%
+6.6% YoY
3.9%
+3.1% YoY
3.8%
+2.3% YoY
46%
Efficiency Ratio 78.2%
-2.6% YoY-1.9% QoQ
+5.2% 73.0%
-2.7% YoY
105.3%
+31.6% YoY
83.0%
-5.3% YoY
70%
Delinquency Rate 0.3%
+80.7% YoY+121.7% QoQ
-0.5 0.9%
+7.3% YoY
1.6%
+32.0% YoY
1.3%
+2.6% YoY
Top 14.0% in tier
Loan To Share 84.0%
-0.4% YoY+1.1% QoQ
-0.8% 84.7%
+0.1% YoY
68.6%
+0.4% YoY
66.4%
-1.4% YoY
41%
AMR $24,568
+3.8% YoY-0.4% QoQ
$-5K $29,575
+1.5% YoY
$18,349
+1.6% YoY
$20,028
-0.9% YoY
28%
CD Concentration 21.8%
-12.0% YoY-2.0% QoQ
-7.3% 29.1% 19.4% 20.0% 20%
Indirect Auto % 20.7%
-11.9% YoY-3.2% QoQ
+2.7% 18.1% 11.1% 7.7% 63%

Signature Analysis

Strengths (0)

No strengths identified

Concerns (5)

Credit Quality Pressure

risk
#96 of 215 • Bottom 25.8% in tier

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

Why This Signature
Delinquency Change (YoY): 0.15% points
(Tier: 0.06% points, National: 0.08% points)
worse than tier avg
215 of 377 Mid-Market CUs have this signature | 962 nationally
↓ Shrinking -28 CUs YoY | New qualifier

Membership Headwinds

decline
#56 of 86 • Bottom 85.2% in tier

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

Why This Signature
Member Growth (YoY): -1.94%
(Tier: 3.16%, National: 15.67%)
worse than tier avg
86 of 377 Mid-Market CUs have this signature | 653 nationally
→ Stable (82→86 CUs) +4 CUs YoY | Rank improving

Stagnation Risk

risk
#60 of 86 • Bottom 85.2% in tier

Membership shrinking at least 0.5% year-over-year. Declining member base creates long-term risk even if current operations appear healthy.

Why This Signature
Member Growth (YoY): -1.94%
(Tier: 3.16%, National: 15.67%)
worse than tier avg
Loan Growth (YoY): 1.54%
(Tier: 6.76%, National: 78.26%)
worse than tier avg
Delinquency Rate: 0.33%
(Tier: 0.86%, National: 1.26%)
but better than tier avg
86 of 377 Mid-Market CUs have this signature | 653 nationally
→ Stable (82→86 CUs) +4 CUs YoY | Rank worsening

Credit Risk Growth

risk
#128 of 170 • Bottom 75.8% in tier

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

Why This Signature
Loan Growth (YoY): 1.54%
(Tier: 6.76%, National: 78.26%)
worse than tier avg
Delinquency Change (YoY): 0.15% points
(Tier: 0.06% points, National: 0.08% points)
worse than tier avg
170 of 377 Mid-Market CUs have this signature | 688 nationally
→ Stable (169→170 CUs) +1 CUs YoY | New qualifier

Indirect Auto Dependency

risk
#156 of 193 • Bottom 80.6% in tier

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

Why This Signature
Asset Growth (YoY): 1.48%
(Tier: 6.52%, National: 3.30%)
worse than tier avg
Indirect Auto %: 20.75%
(Tier: 18.08%, National: 7.71%)
worse than tier avg
Member Growth (YoY): -1.94%
(Tier: 3.16%, National: 15.67%)
worse than tier avg
193 of 377 Mid-Market CUs have this signature | 714 nationally
↓ Shrinking -10 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 300 peers in tier

Top Strengths (4 metrics)

43
Total Delinquency Rate (60+ days)
risk
Value: 0.33%
Peer Median: 0.70%
#43 of 300 Top 14.0% in 1B-3B tier
45
Fee Income Per Member
profitability
Value: $300.20
Peer Median: $204.73
#45 of 300 Top 14.7% in 1B-3B tier
67
Share Certificate Concentration (%)
balance_sheet
Value: 21.77%
Peer Median: 28.24%
#67 of 300 Top 22.0% in 1B-3B tier
71
Net Charge-Off Rate
risk
Value: 0.31%
Peer Median: 0.52%
#71 of 300 Top 23.3% in 1B-3B tier

Top Weaknesses (8 metrics)

289
Total Deposits
balance_sheet
Value: $855.92M
Peer Median: $1.30B
#289 of 300 Bottom 4.0% in 1B-3B tier
287
Total Assets
balance_sheet
Value: $1.03B
Peer Median: $1.51B
#287 of 300 Bottom 4.7% in 1B-3B tier
277
Total Loans
balance_sheet
Value: $718.57M
Peer Median: $1.14B
#277 of 300 Bottom 8.0% in 1B-3B tier
251
Member Growth Rate
growth
Value: -1.94%
Peer Median: 1.84%
#251 of 300 Bottom 16.7% in 1B-3B tier
243
Members Per Employee (MPE)
engagement
Value: 288.680
Peer Median: 346.173
#243 of 300 Bottom 19.3% in 1B-3B tier
241
Total Members
engagement
Value: 64,087
Peer Median: 86,516
#241 of 300 Bottom 20.0% in 1B-3B tier
240
Asset Growth Rate
growth
Value: 1.48%
Peer Median: 5.21%
#240 of 300 Bottom 20.3% in 1B-3B tier
227
Deposit Growth Rate
growth
Value: 1.91%
Peer Median: 4.79%
#227 of 300 Bottom 24.7% in 1B-3B tier
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