FIRST NEW YORK

Charter #2440 | NY

500M-750M (169 CUs) Community (281 CUs)
7 500M-750M in NY

FIRST NEW YORK has 7 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 18.1% in tier
  • + Organic Growth Leader: Top 18.5% in tier
  • + Wallet Share Momentum: Top 23.1% in tier
  • + Relationship Depth Leader: Top 25.7% in tier
  • + ROA 0.16% above tier average
  • + Net Interest Margin 0.53% above tier average
  • + Indirect Auto Concentration (%): Top 0.0% in tier

Key Concerns

Areas that may need attention

  • - Growth-at-Risk: Bottom 17.0% in tier
  • - Credit Quality Pressure: Bottom 23.4% in tier
  • - Efficiency ratio 1.69% above tier (higher cost structure)
  • - Total Assets: Bottom 2.4% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NY) National Avg Tier Percentile
Members 38,763
+2.1% YoY+0.9% QoQ
 -989 39,752
-2.7% YoY
 25,964
+5.4% YoY
 33,089
+6.1% YoY
 53rd in tier
Assets $504.5M
+3.3% YoY-3.9% QoQ
 $-117.9M $622.4M
+0.3% YoY
 $471.3M
+6.4% YoY
 $547.7M
+7.8% YoY
 Bottom 1.8% in tier
Loans $395.3M
+9.4% YoY+2.7% QoQ
 $-40.7M $435.9M
-0.4% YoY
 $316.5M
+7.1% YoY
 $388.7M
+8.6% YoY
 30th in tier
Deposits $452.7M
+2.7% YoY-4.2% QoQ
 $-85.3M $538.0M
+1.3% YoY
 $400.0M
+7.6% YoY
 $464.6M
+9.3% YoY
 Bottom 9.5% in tier
ROA 0.8%
+46.9% YoY-6.4% QoQ
 +0.2% 0.7%
+33.9% YoY
 0.9%
+294.0% YoY
 0.7%
+273.4% YoY
 64th in tier
NIM 4.0%
+6.0% YoY+4.2% QoQ
 +0.5% 3.4%
+8.6% YoY
 3.6%
+5.0% YoY
 3.7%
+5.0% YoY
 Top 14.8% in tier
Efficiency Ratio 79.8%
-3.2% YoY+2.4% QoQ
 +1.7% 78.1%
-3.4% YoY
 80.1%
-6.2% YoY
 79.1%
-3.3% YoY
 57th in tier
Delinquency Rate 0.7%
+8.3% YoY-8.2% QoQ
 -0.1 0.8%
-4.9% YoY
 1.7%
-8.3% YoY
 1.2%
-0.9% YoY
 55th in tier
Loan To Share 87.3%
+6.6% YoY+7.2% QoQ
 +6.3% 81.0%
-1.8% YoY
 61.5%
-2.3% YoY
 68.0%
-1.7% YoY
 62nd in tier
AMR $21,877
+3.5% YoY-2.0% QoQ
 $-5K $26,482
+2.6% YoY
 $19,040
-21.7% YoY
 $19,418
+1.3% YoY
 27th in tier
CD Concentration 21.6%
+11.7% YoY+1.1% QoQ
 -2.8% 24.4%
+4.2% YoY
 15.9%
+8.4% YoY
 19.6%
+6.2% YoY
 40th in tier
Indirect Auto % 0.0% -14.0% 14.0%
-5.8% YoY
 2.6%
-3.7% YoY
 7.9%
-2.9% YoY
 Bottom 0.0% in tier

Signature Analysis

Strengths (4)

Organic Growth Engine

growth
#332 of 603 • Top 18.1% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 2.12%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 0.82%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Indirect Auto %: 0.00%
(Tier: 13.96%, National: 7.90%)
better than tier avg
603 of 281 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | Rank worsening

Organic Growth Leader

growth
#245 of 430 • Top 18.5% in tier

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

Why This Signature
Member Growth (YoY): 2.12%
(Tier: 0.88%, National: 9.37%)
better than tier avg
430 of 281 Community CUs have this signature | 608 nationally
↓ Shrinking -21 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#638 of 1006 • Top 23.1% in tier

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

Why This Signature
AMR Growth (YoY): 3.50%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#708 of 1006 • Top 25.7% in tier

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

Why This Signature
AMR Growth (YoY): 3.50%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.4K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (2)

Growth-at-Risk

risk
#255 of 446 • Bottom 17.0% in tier

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

Why This Signature
Loan Growth (YoY): 9.39%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.06% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 281 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#579 of 736 • Bottom 23.4% 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: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 281 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY

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 169 peers in tier

Top Strengths (4 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 16.19%
#1 of 169 Top 0.0% in 500M-750M tier
25
Net Interest Margin (NIM)
profitability
Value: 3.96%
Peer Avg: 3.43%
#25 of 169 Top 14.2% in 500M-750M tier
37
Loan Growth Rate
growth
Value: 9.39%
Peer Avg: 4.04%
#37 of 169 Top 21.3% in 500M-750M tier
41
First Mortgage Concentration (%)
balance_sheet
Value: 21.71%
Peer Avg: 33.53%
#41 of 169 Top 23.7% in 500M-750M tier

Top Weaknesses (2 metrics)

166
Total Assets
balance_sheet
Value: $504.46M
Peer Avg: $622.38M
#166 of 169 Bottom 2.4% in 500M-750M tier
153
Total Deposits
balance_sheet
Value: $452.74M
Peer Avg: $538.02M
#153 of 169 Bottom 10.1% in 500M-750M tier