EDUCATION FIRST

Charter #24470 | TX

500M-750M (169 CUs) Community (281 CUs)
16 500M-750M in TX

EDUCATION FIRST has 1 strength but faces 11 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Fee Income Per Member: Top 6.5% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 8.0% in tier
  • - Institutional Decline: Bottom 18.3% in tier
  • - Membership Headwinds: Bottom 29.8% in tier
  • - Indirect Auto Dependency: Bottom 31.4% in tier
  • - Stagnation Risk: Bottom 32.2% in tier
  • - ROA 0.98% below tier average
  • - Efficiency ratio 5.18% above tier (higher cost structure)
  • - Net Charge-Off Rate: Bottom 3.0% in tier
  • - Members Per Employee (MPE): Bottom 4.1% in tier
  • - Asset Growth Rate: Bottom 7.1% in tier
  • - Net Worth Ratio: Bottom 8.3% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (TX) National Avg Tier Percentile
Members 32,346
-0.9% YoY+0.3% QoQ
 -7.4K 39,752
-2.7% YoY
 26,896
+3.7% YoY
 33,089
+6.1% YoY
 27th in tier
Assets $590.5M
-5.2% YoY-1.3% QoQ
 $-31.9M $622.4M
+0.3% YoY
 $411.3M
+5.9% YoY
 $547.7M
+7.8% YoY
 38th in tier
Loans $366.0M
-5.2% YoY+0.9% QoQ
 $-69.9M $435.9M
-0.4% YoY
 $295.8M
+5.3% YoY
 $388.7M
+8.6% YoY
 Bottom 20.7% in tier
Deposits $550.6M
+1.7% YoY-1.7% QoQ
 +$12.5M $538.0M
+1.3% YoY
 $341.5M
+6.1% YoY
 $464.6M
+9.3% YoY
 57th in tier
ROA -0.3%
+12.9% YoY-49.4% QoQ
 -1.0% 0.7%
+33.9% YoY
 0.5%
-24.0% YoY
 0.7%
+273.4% YoY
 Bottom 2.4% in tier
NIM 3.3%
+16.2% YoY+2.1% QoQ
 -0.1% 3.4%
+8.6% YoY
 3.9%
+4.3% YoY
 3.7%
+5.0% YoY
 38th in tier
Efficiency Ratio 83.3%
-6.5% YoY-2.7% QoQ
 +5.2% 78.1%
-3.4% YoY
 79.6%
-0.9% YoY
 79.1%
-3.3% YoY
 72nd in tier
Delinquency Rate 0.6%
-71.1% YoY-14.4% QoQ
 -0.2 0.8%
-4.9% YoY
 1.2%
+20.3% YoY
 1.2%
-0.9% YoY
 43rd in tier
Loan To Share 66.5%
-6.8% YoY+2.6% QoQ
 -14.5% 81.0%
-1.8% YoY
 71.8%
-2.5% YoY
 68.0%
-1.7% YoY
 Bottom 14.8% in tier
AMR $28,337
-0.3% YoY-1.0% QoQ
 +$2K $26,482
+2.6% YoY
 $17,515
+1.3% YoY
 $19,418
+1.3% YoY
 70th in tier
CD Concentration 32.9%
-5.6% YoY+0.1% QoQ
 +8.5% 24.4%
+4.2% YoY
 20.9%
+7.1% YoY
 19.6%
+6.2% YoY
 Top 20.6% in tier
Indirect Auto % 19.9%
-6.8% YoY-4.0% QoQ
 +5.9% 14.0%
-5.8% YoY
 7.2%
-0.2% YoY
 7.9%
-2.9% YoY
 71st in tier

Signature Analysis

Strengths (0)

No strengths identified

Concerns (5)

Efficiency Drag

risk
#143 of 521 • Bottom 8.0% in tier

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

Why This Signature
Efficiency Ratio: 83.28%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): -0.04% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -0.86%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 281 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank improving

Institutional Decline

decline
#145 of 256 • Bottom 18.3% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature
Total Assets: $590.52M
(Tier: $622.38M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -0.86%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -5.15%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 281 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | New qualifier

Membership Headwinds

decline
#491 of 550 • Bottom 29.8% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -0.86%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank worsening

Indirect Auto Dependency

risk
#506 of 525 • Bottom 31.4% in tier

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

Why This Signature
Asset Growth (YoY): -5.19%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 19.86%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -0.86%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 281 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank worsening

Stagnation Risk

risk
#531 of 550 • Bottom 32.2% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: -0.32%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -0.86%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $28.3K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 32.91%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 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 169 peers in tier

Top Strengths (1 metrics)

12
Fee Income Per Member
profitability
Value: $324.68
Peer Avg: $199.27
#12 of 169 Top 6.5% in 500M-750M tier

Top Weaknesses (10 metrics)

165
Return on Assets (ROA)
profitability
Value: -0.32%
Peer Avg: 0.66%
#165 of 169 Bottom 3.0% in 500M-750M tier
165
Net Charge-Off Rate
risk
Value: 1.51%
Peer Avg: 0.51%
#165 of 169 Bottom 3.0% in 500M-750M tier
163
Members Per Employee (MPE)
engagement
Value: 224.625
Peer Avg: 338.010
#163 of 169 Bottom 4.1% in 500M-750M tier
158
Asset Growth Rate
growth
Value: -5.19%
Peer Avg: 4.33%
#158 of 169 Bottom 7.1% in 500M-750M tier
156
Net Worth Ratio
risk
Value: 8.31%
Peer Avg: 10.94%
#156 of 169 Bottom 8.3% in 500M-750M tier
150
Loan Growth Rate
growth
Value: -5.15%
Peer Avg: 4.04%
#150 of 169 Bottom 11.8% in 500M-750M tier
144
Loan-to-Share Ratio
balance_sheet
Value: 66.49%
Peer Avg: 81.02%
#144 of 169 Bottom 15.4% in 500M-750M tier
135
AMR Growth Rate
growth
Value: -0.27%
Peer Avg: 3.12%
#135 of 169 Bottom 20.7% in 500M-750M tier
134
Total Loans
balance_sheet
Value: $366.05M
Peer Avg: $435.95M
#134 of 169 Bottom 21.3% in 500M-750M tier
133
Share Certificate Concentration (%)
balance_sheet
Value: 32.91%
Peer Avg: 26.87%
#133 of 169 Bottom 21.9% in 500M-750M tier