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ELEMENTS FINANCIAL

Charter #22468 · IN

Mid-Market 1B-3B
300 CUs in 1B-3B nationally 10 in IN
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ELEMENTS FINANCIAL has 5 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 35.8% in tier
  • + Organic Growth Leader: Top 35.8% in tier
  • + ROA 0.59% above tier average
  • + Members Per Employee (MPE): Top 3.3% in tier
  • + Efficiency Ratio: Top 8.0% in tier

Key Concerns

Areas that may need attention

  • - Wealth Migration Risk: Bottom 17.3% in tier
  • - Credit Quality Pressure: Bottom 41.7% in tier
  • - Capital Constraint: Bottom 57.9% in tier
  • - Credit Risk Growth: Bottom 80.1% in tier
  • - Flatlined Growth: Bottom 83.6% in tier
  • - Shrinking Wallet Share: Bottom 95.4% in tier
  • - Deposit Outflow: Bottom 98.4% in tier
  • - Deposit Growth Rate: Bottom 2.7% 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 -4.6% year over year ($1.98B in shares and deposits).
  • Membership: 102,766 members, +3.4% vs a year ago.
  • Delinquency rate 0.46%.
  • Return on assets 1.41%.
  • Efficiency ratio 59.23% vs a 73.02% peer average.
  • Loan-to-share ratio 85.34% 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 102,766
+3.4% YoY+2.7% QoQ
+5.9K 96,861
-1.9% YoY
23,392
+5.7% YoY
34,678
+6.6% YoY
64%
Assets $2.5B
+0.8% YoY+0.4% QoQ
+$779.8M $1.7B
+0.4% YoY
$404.4M
+8.2% YoY
$593.1M
+10.2% YoY
Top 15.0% in tier
Loans $1.7B
+0.7% YoY+2.2% QoQ
+$459.5M $1.2B
+0.7% YoY
$288.6M
+8.1% YoY
$418.6M
+10.1% YoY
80%
Deposits $2.0B
-4.6% YoY-6.6% QoQ
+$521.3M $1.5B
+0.5% YoY
$337.5M
+7.0% YoY
$504.8M
+10.3% YoY
80%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 1.4%
+65.8% YoY+53.7% QoQ
+0.6% 0.8%
+27.6% YoY
1.6%
+105.9% YoY
1.2%
+121.4% YoY
Top 11.0% in tier
NIM 2.8%
+14.3% YoY+3.8% QoQ
-0.7% 3.4%
+6.6% YoY
3.9%
+3.1% YoY
3.8%
+2.3% YoY
Bottom 12.3% in tier
Efficiency Ratio 59.2%
-12.6% YoY-10.3% QoQ
-13.8% 73.0%
-2.7% YoY
105.3%
+31.6% YoY
83.0%
-5.3% YoY
Top 8.0% in tier
Delinquency Rate 0.5%
+16.8% YoY+32.6% QoQ
-0.4 0.9%
+7.3% YoY
1.6%
+32.0% YoY
1.3%
+2.6% YoY
25%
Loan To Share 85.3%
+5.5% YoY+9.4% QoQ
+0.6% 84.7%
+0.1% YoY
68.6%
+0.4% YoY
66.4%
-1.4% YoY
47%
AMR $35,793
-5.4% YoY-5.3% QoQ
+$6K $29,575
+1.5% YoY
$18,349
+1.6% YoY
$20,028
-0.9% YoY
84%
CD Concentration 24.3%
-12.9% YoY-4.0% QoQ
-4.8% 29.1% 19.4% 20.0% 28%
Indirect Auto % 11.4%
-31.2% YoY-9.8% QoQ
-6.7% 18.1% 11.1% 7.7% 40%

Signature Analysis

Strengths (2)

Organic Growth Engine

growth
#42 of 113 • Top 35.8% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 3.39%
(Tier: 3.16%, National: 15.67%)
better than tier avg
Return on Assets: 1.41%
(Tier: 0.84%, National: 1.23%)
better than tier avg
Indirect Auto %: 11.39%
(Tier: 18.08%, National: 7.71%)
better than tier avg
113 of 377 Mid-Market CUs have this signature | 490 nationally
↓ Shrinking -131 CUs YoY | New qualifier

Organic Growth Leader

growth
#60 of 112 • Top 35.8% in tier

Attracting members (0.5-50% YoY) without heavy indirect auto dependency (<15%). Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 3.39%
(Tier: 3.16%, National: 15.67%)
better than tier avg
Indirect Auto %: 11.39%
(Tier: 18.08%, National: 7.71%)
better than tier avg
112 of 377 Mid-Market CUs have this signature | 485 nationally
↓ Shrinking -20 CUs YoY | New qualifier

Concerns (7)

Deposit Outflow

decline
#1 of 23 • Bottom 98.4% in tier

Members staying (>= -1% YoY) but deposits leaving. They're moving money to higher-yield competitors - rate pressure is real.

Why This Signature
Deposit Growth (YoY): -4.56%
(Tier: 6.36%, National: 100.69%)
worse than tier avg
Member Growth (YoY): 3.39%
(Tier: 3.16%, National: 15.67%)
but better than tier avg
23 of 377 Mid-Market CUs have this signature | 109 nationally
→ Stable (22→23 CUs) +1 CUs YoY | New qualifier

Shrinking Wallet Share

decline
#18 of 69 • Bottom 95.4% in tier

Average member relationship declining year-over-year. Members may be moving money elsewhere or reducing engagement.

Why This Signature
AMR Growth (YoY): -5.42%
(Tier: 3.62%, National: 35.20%)
worse than tier avg
69 of 377 Mid-Market CUs have this signature | 308 nationally
↓ Shrinking -22 CUs YoY | New qualifier

Wealth Migration Risk

decline
#6 of 11 • Bottom 17.3% in tier

High-value members moving money elsewhere despite stable membership. Your best customers are consolidating with competitors.

Why This Signature
Avg Member Relationship: $35.8K
(Tier: $29.9K, National: $20.0K)
but better than tier avg
AMR Growth (YoY): -5.42%
(Tier: 3.62%, National: 35.20%)
worse than tier avg
11 of 377 Mid-Market CUs have this signature | 24 nationally
→ Stable (15→11 CUs) -4 CUs YoY | New qualifier

Credit Quality Pressure

risk
#155 of 215 • Bottom 41.7% in tier

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

Why This Signature
Delinquency Change (YoY): 0.07% 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 | Rank worsening

Flatlined Growth

risk
#10 of 12 • Bottom 83.6% in tier

Asset growth stalled (-2% to +2%) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why This Signature
Asset Growth (YoY): 0.83%
(Tier: 6.52%, National: 3.30%)
worse than tier avg
Return on Assets: 1.41%
(Tier: 0.84%, National: 1.23%)
but better than tier avg
12 of 377 Mid-Market CUs have this signature | 57 nationally
↓ Shrinking -6 CUs YoY | New qualifier

Capital Constraint

risk
#6 of 7 • Bottom 57.9% in tier

Strong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting limits.

Why This Signature
Loan-to-Share Ratio: 85.34%
(Tier: 85.94%, National: 66.39%)
worse than tier avg
Deposit Growth (YoY): -4.56%
(Tier: 6.36%, National: 100.69%)
worse than tier avg
Net Worth Ratio: 11.92%
(Tier: 11.45%, National: 14.66%)
but better than tier avg
7 of 377 Mid-Market CUs have this signature | 27 nationally
→ Stable (9→7 CUs) -2 CUs YoY | New qualifier

Credit Risk Growth

risk
#160 of 170 • Bottom 80.1% in tier

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

Why This Signature
Loan Growth (YoY): 0.67%
(Tier: 6.76%, National: 78.26%)
worse than tier avg
Delinquency Change (YoY): 0.07% 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 | 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 (11 metrics)

11
Members Per Employee (MPE)
engagement
Value: 538.042
Peer Median: 346.173
#11 of 300 Top 3.3% in 1B-3B tier
25
Efficiency Ratio
profitability
Value: 59.23%
Peer Median: 73.62%
#25 of 300 Top 8.0% in 1B-3B tier
33
Return on Assets (ROA)
profitability
Value: 1.41%
Peer Median: 0.77%
#33 of 300 Top 10.7% in 1B-3B tier
45
Total Assets
balance_sheet
Value: $2.50B
Peer Median: $1.51B
#45 of 300 Top 14.7% in 1B-3B tier
47
Loan-to-Member Ratio (LMR)
engagement
Value: $16,481
Peer Median: $12,809
#47 of 300 Top 15.3% in 1B-3B tier
48
Net Charge-Off Rate
risk
Value: 0.21%
Peer Median: 0.52%
#48 of 300 Top 15.7% in 1B-3B tier
48
Average Member Relationship (AMR)
engagement
Value: $35,793
Peer Median: $28,089
#48 of 300 Top 15.7% in 1B-3B tier
49
Fee Income Per Member
profitability
Value: $287.95
Peer Median: $204.73
#49 of 300 Top 16.0% in 1B-3B tier
59
Total Loans
balance_sheet
Value: $1.69B
Peer Median: $1.14B
#59 of 300 Top 19.3% in 1B-3B tier
61
Total Deposits
balance_sheet
Value: $1.98B
Peer Median: $1.30B
#61 of 300 Top 20.0% in 1B-3B tier

Top Weaknesses (6 metrics)

293
Deposit Growth Rate
growth
Value: -4.56%
Peer Median: 4.79%
#293 of 300 Bottom 2.7% in 1B-3B tier
286
AMR Growth Rate
growth
Value: -5.42%
Peer Median: 3.19%
#286 of 300 Bottom 5.0% in 1B-3B tier
263
Net Interest Margin (NIM)
profitability
Value: 2.77%
Peer Median: 3.46%
#263 of 300 Bottom 12.7% in 1B-3B tier
250
Asset Growth Rate
growth
Value: 0.83%
Peer Median: 5.21%
#250 of 300 Bottom 17.0% in 1B-3B tier
235
Loan Growth Rate
growth
Value: 0.67%
Peer Median: 5.71%
#235 of 300 Bottom 22.0% in 1B-3B tier
232
First Mortgage Concentration (%)
balance_sheet
Value: 43.28%
Peer Median: 33.59%
#232 of 300 Bottom 23.0% in 1B-3B tier
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