ALLEGACY

Charter #24438 | NC

1B-3B (304 CUs) Mid-Market (380 CUs)
6 1B-3B in NC

ALLEGACY has 6 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 15.9% in tier
  • + Relationship Depth Leader: Top 22.2% in tier
  • + Organic Growth Engine: Top 29.1% in tier
  • + Net Interest Margin 0.33% above tier average
  • + Total Members: Top 3.6% in tier
  • + Total Loans: Top 8.9% in tier

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 3.0% in tier
  • - Efficiency Drag: Bottom 4.9% in tier
  • - Growth-at-Risk: Bottom 5.0% in tier
  • - Liquidity Strain: Bottom 19.5% in tier
  • - Indirect Auto Dependency: Bottom 23.2% in tier
  • - ROA 0.01% below tier average
  • - Efficiency ratio 9.79% above tier (higher cost structure)
  • - Delinquency rate 0.16% above tier average

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Members 180,690
+1.0% YoY+0.4% QoQ
 +82.0K 98,678
-1.9% YoY
 91,841
+6.6% YoY
 33,089
+6.1% YoY
 Top 3.9% in tier
Assets $2.4B
+3.9% YoY-0.6% QoQ
 +$688.9M $1.7B
+0.5% YoY
 $1.5B
+5.5% YoY
 $547.7M
+7.8% YoY
 Top 17.8% in tier
Loans $2.0B
+6.0% YoY+1.0% QoQ
 +$719.1M $1.2B
+0.5% YoY
 $1.1B
+9.9% YoY
 $388.7M
+8.6% YoY
 Top 9.2% in tier
Deposits $2.0B
+6.1% YoY-1.0% QoQ
 +$595.1M $1.5B
+1.3% YoY
 $1.3B
+12.1% YoY
 $464.6M
+9.3% YoY
 Top 16.4% in tier
ROA 0.7%
-9.4% YoY+4.7% QoQ
 -0.0% 0.7%
+13.4% YoY
 0.4%
-19.0% YoY
 0.7%
+273.4% YoY
 53rd in tier
NIM 3.6%
+0.2% YoY+3.3% QoQ
 +0.3% 3.3%
+9.3% YoY
 4.1%
+4.0% YoY
 3.7%
+5.0% YoY
 71st in tier
Efficiency Ratio 83.8%
+0.9% YoY-0.6% QoQ
 +9.8% 74.0%
-10.9% YoY
 81.5%
-1.2% YoY
 79.1%
-3.3% YoY
 Top 11.2% in tier
Delinquency Rate 1.0%
+80.2% YoY+50.3% QoQ
 +0.2 0.8%
+6.1% YoY
 1.5%
+2.4% YoY
 1.2%
-0.9% YoY
 Top 25.0% in tier
Loan To Share 95.3%
-0.1% YoY+2.0% QoQ
 +10.1% 85.2%
-0.8% YoY
 76.3%
+1.1% YoY
 68.0%
-1.7% YoY
 Top 24.3% in tier
AMR $22,146
+5.0% YoY-0.5% QoQ
 $-7K $29,172
+2.8% YoY
 $17,441
+4.0% YoY
 $19,418
+1.3% YoY
 Bottom 15.1% in tier
CD Concentration 24.1%
-9.9% YoY-7.0% QoQ
 -4.9% 29.0%
+0.8% YoY
 20.6%
+2.2% YoY
 19.6%
+6.2% YoY
 28th in tier
Indirect Auto % 21.0%
-1.6% YoY+1.6% QoQ
 +2.2% 18.8%
-2.8% YoY
 5.3%
-2.9% YoY
 7.9%
-2.9% YoY
 60th in tier

Signature Analysis

Strengths (3)

Wallet Share Momentum

growth
#116 of 264 • Top 15.9% in tier

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

Why This Signature
AMR Growth (YoY): 5.01%
(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 improving

Relationship Depth Leader

growth
#161 of 264 • Top 22.2% in tier

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

Why This Signature
AMR Growth (YoY): 5.01%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.5K
(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

Organic Growth Engine

growth
#212 of 246 • Top 29.1% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 0.98%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
Return on Assets: 0.70%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 21.01%
(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 | New qualifier

Concerns (5)

Credit Quality Pressure

risk
#24 of 217 • Bottom 3.0% in tier

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

Why This Signature
Delinquency Change (YoY): 0.44% 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

Efficiency Drag

risk
#17 of 96 • Bottom 4.9% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 83.76%
(Tier: 73.45%, National: 79.10%)
worse than tier avg
ROA Change (YoY): -0.07% points
(Tier: 0.07% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): 0.98%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
96 of 380 Mid-Market CUs have this signature | 624 nationally
↓ Shrinking -32 CUs YoY | Rank improving

Growth-at-Risk

risk
#29 of 161 • Bottom 5.0% in tier

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

Why This Signature
Loan Growth (YoY): 5.97%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
Delinquency Change (YoY): 0.44% 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

Liquidity Strain

risk
#103 of 183 • Bottom 19.5% in tier

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

Why This Signature
Loan-to-Share Ratio: 95.25%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 5.97%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#144 of 202 • Bottom 23.2% in tier

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

Why This Signature
Asset Growth (YoY): 3.85%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 21.01%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 0.98%
(Tier: 3.18%, National: 9.37%)
worse 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 (9 metrics)

12
Total Members
engagement
Value: 180,690
Peer Avg: 98,678
#12 of 304 Top 3.6% in 1B-3B tier
28
Total Loans
balance_sheet
Value: $1.95B
Peer Avg: $1.23B
#28 of 304 Top 8.9% in 1B-3B tier
36
Net Charge-Off Rate
risk
Value: 0.18%
Peer Avg: 0.60%
#36 of 304 Top 11.5% in 1B-3B tier
40
Fee Income Per Member
profitability
Value: $289.93
Peer Avg: $210.52
#40 of 304 Top 12.8% in 1B-3B tier
50
Total Deposits
balance_sheet
Value: $2.05B
Peer Avg: $1.45B
#50 of 304 Top 16.1% in 1B-3B tier
54
Total Assets
balance_sheet
Value: $2.41B
Peer Avg: $1.72B
#54 of 304 Top 17.4% in 1B-3B tier
55
First Mortgage Concentration (%)
balance_sheet
Value: 20.22%
Peer Avg: 34.01%
#55 of 304 Top 17.8% in 1B-3B tier
63
Members Per Employee (MPE)
engagement
Value: 427.163
Peer Avg: 364.953
#63 of 304 Top 20.4% in 1B-3B tier
74
Loan-to-Share Ratio
balance_sheet
Value: 95.25%
Peer Avg: 85.19%
#74 of 304 Top 24.0% in 1B-3B tier

Top Weaknesses (3 metrics)

271
Efficiency Ratio
profitability
Value: 83.76%
Peer Avg: 73.97%
#271 of 304 Bottom 11.2% in 1B-3B tier
258
Average Member Relationship (AMR)
engagement
Value: $22,146
Peer Avg: $29,172
#258 of 304 Bottom 15.5% in 1B-3B tier
229
Total Delinquency Rate (60+ days)
risk
Value: 0.98%
Peer Avg: 0.83%
#229 of 304 Bottom 25.0% in 1B-3B tier