ELEMENTS FINANCIAL

Charter #22468 | IN

1B-3B (304 CUs) Mid-Market (380 CUs)
11 1B-3B in IN

ELEMENTS FINANCIAL has 6 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 5.4% in tier
  • + Wallet Share Momentum: Top 9.3% in tier
  • + ROA 0.49% above tier average
  • + Members Per Employee (MPE): Top 3.9% in tier
  • + Fee Income Per Member: Top 9.9% in tier
  • + Net Charge-Off Rate: Top 9.9% in tier

Key Concerns

Areas that may need attention

  • - Stagnation Risk: Bottom 8.4% in tier
  • - Credit Quality Pressure: Bottom 10.1% in tier
  • - Growth-at-Risk: Bottom 15.3% in tier
  • - Membership Headwinds: Bottom 30.1% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (IN) National Avg Tier Percentile
Members 98,725
-0.8% YoY-0.7% QoQ
 +46 98,678
-1.9% YoY
 22,637
+3.1% YoY
 33,089
+6.1% YoY
 58th in tier
Assets $2.4B
+6.2% YoY-1.7% QoQ
 +$722.8M $1.7B
+0.5% YoY
 $383.9M
+8.8% YoY
 $547.7M
+7.8% YoY
 Top 16.8% in tier
Loans $1.7B
+3.9% YoY-0.6% QoQ
 +$438.7M $1.2B
+0.5% YoY
 $276.9M
+7.4% YoY
 $388.7M
+8.6% YoY
 Top 20.4% in tier
Deposits $2.0B
+8.0% YoY-1.8% QoQ
 +$588.6M $1.5B
+1.3% YoY
 $323.0M
+10.5% YoY
 $464.6M
+9.3% YoY
 Top 16.8% in tier
ROA 1.2%
+105.5% YoY+40.4% QoQ
 +0.5% 0.7%
+13.4% YoY
 0.9%
+24.5% YoY
 0.7%
+273.4% YoY
 Top 12.2% in tier
NIM 2.5%
+9.8% YoY+3.5% QoQ
 -0.8% 3.3%
+9.3% YoY
 3.8%
+8.0% YoY
 3.7%
+5.0% YoY
 Bottom 10.9% in tier
Efficiency Ratio 62.3%
-18.8% YoY-8.1% QoQ
 -11.7% 74.0%
-10.9% YoY
 77.7%
-3.5% YoY
 79.1%
-3.3% YoY
 Bottom 10.9% in tier
Delinquency Rate 0.5%
+63.8% YoY+15.6% QoQ
 -0.4 0.8%
+6.1% YoY
 1.3%
+19.3% YoY
 1.2%
-0.9% YoY
 27th in tier
Loan To Share 81.8%
-3.8% YoY+1.1% QoQ
 -3.4% 85.2%
-0.8% YoY
 69.6%
-2.1% YoY
 68.0%
-1.7% YoY
 33rd in tier
AMR $37,627
+7.0% YoY-0.6% QoQ
 +$8K $29,172
+2.8% YoY
 $18,326
+4.3% YoY
 $19,418
+1.3% YoY
 Top 11.5% in tier
CD Concentration 28.0%
+0.9% YoY+0.4% QoQ
 -1.0% 29.0%
+0.8% YoY
 19.0%
+9.9% YoY
 19.6%
+6.2% YoY
 46th in tier
Indirect Auto % 15.0%
-11.0% YoY-9.4% QoQ
 -3.8% 18.8%
-2.8% YoY
 11.0%
-3.5% YoY
 7.9%
-2.9% YoY
 46th in tier

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#40 of 264 • Top 5.4% in tier

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

Why This Signature
AMR Growth (YoY): 7.02%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $3.4K
(Tier: $3.1K, National: $2.0K)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY

Wallet Share Momentum

growth
#68 of 264 • Top 9.3% in tier

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

Why This Signature
AMR Growth (YoY): 7.02%
(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 worsening

Concerns (4)

Stagnation Risk

risk
#21 of 85 • Bottom 8.4% 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: 1.19%
(Tier: 0.71%, National: 0.71%)
but better than tier avg
Member Growth (YoY): -0.81%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $37.6K
(Tier: $29.2K, National: $19.4K)
but better than tier avg
CD Concentration: 28.02%
(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 worsening

Credit Quality Pressure

risk
#78 of 217 • Bottom 10.1% in tier

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

Why This Signature
Delinquency Change (YoY): 0.18% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank improving

Growth-at-Risk

risk
#86 of 161 • Bottom 15.3% in tier

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

Why This Signature
Loan Growth (YoY): 3.94%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
Delinquency Change (YoY): 0.18% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | Rank improving

Membership Headwinds

decline
#73 of 85 • Bottom 30.1% in tier

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

Why This Signature
Member Growth (YoY): -0.81%
(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 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 304 peers in tier

Top Strengths (12 metrics)

13
Members Per Employee (MPE)
engagement
Value: 533.649
Peer Avg: 364.953
#13 of 304 Top 3.9% in 1B-3B tier
31
Fee Income Per Member
profitability
Value: $301.45
Peer Avg: $210.52
#31 of 304 Top 9.9% in 1B-3B tier
31
Net Charge-Off Rate
risk
Value: 0.16%
Peer Avg: 0.60%
#31 of 304 Top 9.9% in 1B-3B tier
34
Efficiency Ratio
profitability
Value: 62.26%
Peer Avg: 73.97%
#34 of 304 Top 10.9% in 1B-3B tier
35
Average Member Relationship (AMR)
engagement
Value: $37,627
Peer Avg: $29,172
#35 of 304 Top 11.2% in 1B-3B tier
37
Return on Assets (ROA)
profitability
Value: 1.19%
Peer Avg: 0.70%
#37 of 304 Top 11.8% in 1B-3B tier
41
Loan-to-Member Ratio (LMR)
engagement
Value: $16,934
Peer Avg: $13,213
#41 of 304 Top 13.2% in 1B-3B tier
51
Total Assets
balance_sheet
Value: $2.44B
Peer Avg: $1.72B
#51 of 304 Top 16.4% in 1B-3B tier
51
Total Deposits
balance_sheet
Value: $2.04B
Peer Avg: $1.45B
#51 of 304 Top 16.4% in 1B-3B tier
56
AMR Growth Rate
growth
Value: 7.02%
Peer Avg: 3.29%
#56 of 304 Top 18.1% in 1B-3B tier

Top Weaknesses (3 metrics)

271
Net Interest Margin (NIM)
profitability
Value: 2.50%
Peer Avg: 3.26%
#271 of 304 Bottom 11.2% in 1B-3B tier
250
First Mortgage Concentration (%)
balance_sheet
Value: 46.90%
Peer Avg: 34.01%
#250 of 304 Bottom 18.1% in 1B-3B tier
236
Member Growth Rate
growth
Value: -0.81%
Peer Avg: 2.20%
#236 of 304 Bottom 22.7% in 1B-3B tier