OPERATING ENGINEERS LOCAL UNION #3

Charter #24235 | CA

1B-3B (304 CUs) Mid-Market (380 CUs)
40 1B-3B in CA

OPERATING ENGINEERS LOCAL UNION #3 has 6 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 2.1% in tier
  • + Organic Growth Engine: Top 4.4% in tier
  • + ROA 0.25% above tier average
  • + Strong member growth: 7.5% YoY
  • + Members Per Employee (MPE): Top 1.6% in tier
  • + Net Worth Ratio: Top 8.6% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Overhang: Bottom 1.9% in tier
  • - Shrinking Wallet Share: Bottom 11.9% in tier
  • - Indirect Auto Dependency: Bottom 22.6% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 3.0% in tier
  • - Average Member Relationship (AMR): Bottom 4.3% in tier
  • - Fee Income Per Member: Bottom 7.6% in tier
  • - Loan-to-Share Ratio: Bottom 7.6% in tier
  • - AMR Growth Rate: Bottom 9.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (CA) National Avg Tier Percentile
Members 119,249
+7.5% YoY+2.1% QoQ
 +20.6K 98,678
-1.9% YoY
 59,606
+5.7% YoY
 33,089
+6.1% YoY
 71st in tier
Assets $1.6B
+8.5% YoY+3.0% QoQ
 $-96.4M $1.7B
+0.5% YoY
 $1.2B
+6.2% YoY
 $547.7M
+7.8% YoY
 55th in tier
Loans $840.3M
-1.6% YoY+0.4% QoQ
 $-392.8M $1.2B
+0.5% YoY
 $845.5M
+7.1% YoY
 $388.7M
+8.6% YoY
 Bottom 18.8% in tier
Deposits $1.4B
+7.8% YoY+2.8% QoQ
 $-71.0M $1.5B
+1.3% YoY
 $1.0B
+8.8% YoY
 $464.6M
+9.3% YoY
 55th in tier
ROA 1.0%
+32.0% YoY+25.1% QoQ
 +0.2% 0.7%
+13.4% YoY
 0.6%
+30.0% YoY
 0.7%
+273.4% YoY
 74th in tier
NIM 3.1%
+0.3% YoY+0.1% QoQ
 -0.1% 3.3%
+9.3% YoY
 3.3%
+6.5% YoY
 3.7%
+5.0% YoY
 38th in tier
Efficiency Ratio 72.2%
-2.2% YoY-2.8% QoQ
 -1.8% 74.0%
-10.9% YoY
 79.3%
-6.2% YoY
 79.1%
-3.3% YoY
 38th in tier
Delinquency Rate 0.6%
-15.7% YoY-16.0% QoQ
 -0.2 0.8%
+6.1% YoY
 0.7%
-38.7% YoY
 1.2%
-0.9% YoY
 40th in tier
Loan To Share 60.7%
-8.7% YoY-2.3% QoQ
 -24.5% 85.2%
-0.8% YoY
 68.8%
-1.5% YoY
 68.0%
-1.7% YoY
 Bottom 7.2% in tier
AMR $18,647
-3.2% YoY-0.2% QoQ
 $-11K $29,172
+2.8% YoY
 $28,514
+2.8% YoY
 $19,418
+1.3% YoY
 Bottom 3.9% in tier
CD Concentration 32.8%
+5.6% YoY-0.5% QoQ
 +3.9% 29.0%
+0.8% YoY
 21.7%
+4.2% YoY
 19.6%
+6.2% YoY
 69th in tier
Indirect Auto % 20.2%
+1.1% YoY-0.1% QoQ
 +1.4% 18.8%
-2.8% YoY
 9.5%
-6.9% YoY
 7.9%
-2.9% YoY
 58th in tier

Signature Analysis

Strengths (2)

Emerging Performer

growth
#12 of 184 • Top 2.1% in tier

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

Why This Signature
Return on Assets: 0.95%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): 7.47%
(Tier: 3.18%, National: 9.37%)
better than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | Rank improving

Organic Growth Engine

growth
#33 of 246 • Top 4.4% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 7.47%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 0.95%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 20.23%
(Tier: 18.80%, National: 7.90%)
but worse than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank improving

Concerns (3)

Liquidity Overhang

risk
#7 of 113 • Bottom 1.9% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 14.96%
(Tier: 11.30%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 60.74%
(Tier: 86.35%, National: 67.96%)
worse than tier avg
113 of 380 Mid-Market CUs have this signature | 691 nationally
↑ Growing +9 CUs YoY

Shrinking Wallet Share

decline
#37 of 83 • Bottom 11.9% in tier

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

Why This Signature
AMR Growth (YoY): -3.20%
(Tier: 3.04%, National: 4.19%)
worse than tier avg
83 of 380 Mid-Market CUs have this signature | 346 nationally
↓ Shrinking -55 CUs YoY | Rank worsening

Indirect Auto Dependency

risk
#140 of 202 • Bottom 22.6% in tier

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

Why This Signature
Asset Growth (YoY): 8.54%
(Tier: 5.36%, National: 3.04%)
but better than tier avg
Indirect Auto %: 20.23%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 7.47%
(Tier: 3.18%, National: 9.37%)
but better than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY | Rank improving

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 (5 metrics)

6
Members Per Employee (MPE)
engagement
Value: 578.879
Peer Avg: 364.953
#6 of 304 Top 1.6% in 1B-3B tier
27
Net Worth Ratio
risk
Value: 14.96%
Peer Avg: 11.44%
#27 of 304 Top 8.6% in 1B-3B tier
33
Member Growth Rate
growth
Value: 7.47%
Peer Avg: 2.20%
#33 of 304 Top 10.5% in 1B-3B tier
62
Asset Growth Rate
growth
Value: 8.54%
Peer Avg: 4.83%
#62 of 304 Top 20.1% in 1B-3B tier
75
Deposit Growth Rate
growth
Value: 7.76%
Peer Avg: 5.58%
#75 of 304 Top 24.3% in 1B-3B tier

Top Weaknesses (7 metrics)

296
Loan-to-Member Ratio (LMR)
engagement
Value: $7,047
Peer Avg: $13,213
#296 of 304 Bottom 3.0% in 1B-3B tier
292
Average Member Relationship (AMR)
engagement
Value: $18,647
Peer Avg: $29,172
#292 of 304 Bottom 4.3% in 1B-3B tier
282
Fee Income Per Member
profitability
Value: $121.01
Peer Avg: $210.52
#282 of 304 Bottom 7.6% in 1B-3B tier
282
Loan-to-Share Ratio
balance_sheet
Value: 60.74%
Peer Avg: 85.19%
#282 of 304 Bottom 7.6% in 1B-3B tier
275
AMR Growth Rate
growth
Value: -3.20%
Peer Avg: 3.29%
#275 of 304 Bottom 9.9% in 1B-3B tier
254
Loan Growth Rate
growth
Value: -1.58%
Peer Avg: 5.27%
#254 of 304 Bottom 16.8% in 1B-3B tier
247
Total Loans
balance_sheet
Value: $840.31M
Peer Avg: $1.23B
#247 of 304 Bottom 19.1% in 1B-3B tier