NORTH COUNTRY

Charter #24312 | VT

1B-3B (304 CUs) Mid-Market (380 CUs)
2 1B-3B in VT

NORTH COUNTRY has 8 strengths but faces 5 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 6.8% in tier
  • + Organic Growth Engine: Top 10.6% in tier
  • + Organic Growth Leader: Top 11.5% in tier
  • + Wallet Share Momentum: Top 28.5% in tier
  • + Relationship Depth Leader: Top 32.0% in tier
  • + ROA 0.02% above tier average
  • + Net Interest Margin 0.41% above tier average
  • + Strong member growth: 5.3% YoY

Key Concerns

Areas that may need attention

  • - Growth-at-Risk: Bottom 14.0% in tier
  • - Credit Quality Pressure: Bottom 19.9% in tier
  • - Liquidity Strain: Bottom 24.8% in tier
  • - Efficiency ratio 3.36% above tier (higher cost structure)
  • - Delinquency rate 0.05% above tier average

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (VT) National Avg Tier Percentile
Members 77,144
+5.3% YoY+1.6% QoQ
 -21.5K 98,678
-1.9% YoY
 29,911
+10.3% YoY
 33,089
+6.1% YoY
 36th in tier
Assets $1.1B
+7.5% YoY+2.9% QoQ
 $-631.5M $1.7B
+0.5% YoY
 $474.3M
+11.3% YoY
 $547.7M
+7.8% YoY
 Bottom 9.9% in tier
Loans $879.5M
+9.5% YoY+3.8% QoQ
 $-353.6M $1.2B
+0.5% YoY
 $376.7M
+12.8% YoY
 $388.7M
+8.6% YoY
 Bottom 23.4% in tier
Deposits $960.8M
+6.5% YoY+0.8% QoQ
 $-493.5M $1.5B
+1.3% YoY
 $399.6M
+12.0% YoY
 $464.6M
+9.3% YoY
 Bottom 15.5% in tier
ROA 0.7%
+1.3% YoY+60.0% QoQ
 +0.0% 0.7%
+13.4% YoY
 0.8%
+14.5% YoY
 0.7%
+273.4% YoY
 57th in tier
NIM 3.7%
+8.5% YoY+0.8% QoQ
 +0.4% 3.3%
+9.3% YoY
 4.2%
+0.1% YoY
 3.7%
+5.0% YoY
 Top 23.0% in tier
Efficiency Ratio 77.3%
-0.2% YoY-4.6% QoQ
 +3.4% 74.0%
-10.9% YoY
 78.8%
-0.4% YoY
 79.1%
-3.3% YoY
 62nd in tier
Delinquency Rate 0.9%
+7.4% YoY-9.6% QoQ
 +0.1 0.8%
+6.1% YoY
 1.4%
+18.2% YoY
 1.2%
-0.9% YoY
 68th in tier
Loan To Share 91.5%
+2.8% YoY+3.0% QoQ
 +6.3% 85.2%
-0.8% YoY
 82.0%
-5.1% YoY
 68.0%
-1.7% YoY
 60th in tier
AMR $23,856
+2.5% YoY+0.6% QoQ
 $-5K $29,172
+2.8% YoY
 $19,091
-0.7% YoY
 $19,418
+1.3% YoY
 27th in tier
CD Concentration 34.3%
+3.6% YoY+1.1% QoQ
 +5.3% 29.0%
+0.8% YoY
 22.7%
-1.9% YoY
 19.6%
+6.2% YoY
 74th in tier
Indirect Auto % 12.8%
-8.9% YoY-10.6% QoQ
 -6.0% 18.8%
-2.8% YoY
 4.9%
-7.0% YoY
 7.9%
-2.9% YoY
 42nd in tier

Signature Analysis

Strengths (5)

Emerging Performer

growth
#37 of 184 • Top 6.8% in tier

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

Why This Signature
Return on Assets: 0.72%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): 5.27%
(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
#78 of 246 • Top 10.6% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 5.27%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 0.72%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 12.76%
(Tier: 18.80%, National: 7.90%)
better than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank worsening

Organic Growth Leader

growth
#46 of 138 • Top 11.5% in tier

Attracting members without relying on indirect channels. Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 5.27%
(Tier: 3.18%, National: 9.37%)
better than tier avg
138 of 380 Mid-Market CUs have this signature | 608 nationally
↑ Growing +11 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#207 of 264 • Top 28.5% in tier

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

Why This Signature
AMR Growth (YoY): 2.52%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#232 of 264 • Top 32.0% in tier

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

Why This Signature
AMR Growth (YoY): 2.52%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.4K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank worsening

Concerns (3)

Growth-at-Risk

risk
#79 of 161 • Bottom 14.0% in tier

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

Why This Signature
Loan Growth (YoY): 9.53%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.06% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | Rank improving

Credit Quality Pressure

risk
#153 of 217 • Bottom 19.9% in tier

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

Why This Signature
Delinquency Change (YoY): 0.06% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank worsening

Liquidity Strain

risk
#131 of 183 • Bottom 24.8% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 91.53%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 9.53%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | New qualifier

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 (4 metrics)

56
Member Growth Rate
growth
Value: 5.27%
Peer Avg: 2.20%
#56 of 304 Top 18.1% in 1B-3B tier
70
Net Interest Margin (NIM)
profitability
Value: 3.67%
Peer Avg: 3.26%
#70 of 304 Top 22.7% in 1B-3B tier
71
Loan Growth Rate
growth
Value: 9.53%
Peer Avg: 5.27%
#71 of 304 Top 23.0% in 1B-3B tier
75
Asset Growth Rate
growth
Value: 7.52%
Peer Avg: 4.83%
#75 of 304 Top 24.3% in 1B-3B tier

Top Weaknesses (5 metrics)

274
Total Assets
balance_sheet
Value: $1.09B
Peer Avg: $1.72B
#274 of 304 Bottom 10.2% in 1B-3B tier
257
Total Deposits
balance_sheet
Value: $960.84M
Peer Avg: $1.45B
#257 of 304 Bottom 15.8% in 1B-3B tier
234
Net Worth Ratio
risk
Value: 9.62%
Peer Avg: 11.44%
#234 of 304 Bottom 23.4% in 1B-3B tier
233
Total Loans
balance_sheet
Value: $879.47M
Peer Avg: $1.23B
#233 of 304 Bottom 23.7% in 1B-3B tier
230
Share Certificate Concentration (%)
balance_sheet
Value: 34.33%
Peer Avg: 28.53%
#230 of 304 Bottom 24.7% in 1B-3B tier