MUTUAL FIRST
Charter #24540 | NE
100M-500M
(1077 CUs)
Micro
($0-$500M)
12 100M-500M in NE
MUTUAL FIRST has 4 strengths but faces 13 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Wallet Share Momentum: Top 6.2% in tier
- + Relationship Depth Leader: Top 8.1% in tier
- + Emerging Performer: Top 33.3% in tier
- + Net Interest Margin 0.44% above tier average
Key Concerns
Areas that may need attention
- - Membership Headwinds: Bottom 3.3% in tier
- - Indirect Auto Dependency: Bottom 16.8% in tier
- - Institutional Decline: Bottom 20.8% in tier
- - Stagnation Risk: Bottom 22.7% in tier
- - Efficiency Drag: Bottom 26.2% in tier
- - ROA 0.67% below tier average
- - Efficiency ratio 9.50% above tier (higher cost structure)
- - Delinquency rate 2.04% above tier average
- - Member decline: -8.2% YoY
- - Total Delinquency Rate (60+ days): Bottom 2.5% in tier
- - Member Growth Rate: Bottom 5.0% in tier
- - Asset Growth Rate: Bottom 5.8% in tier
- - Net Worth Ratio: Bottom 7.1% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (NE) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
10,497
-8.2% YoY-4.9% QoQ
|
-5.1K |
15,628
-3.4% YoY
|
11,261
+2.9% YoY
|
33,089
+6.1% YoY
|
33rd in tier |
| Assets |
$117.0M
-3.5% YoY-2.3% QoQ
|
$-114.3M |
$231.3M
-0.0% YoY
|
$135.7M
+6.0% YoY
|
$547.7M
+7.8% YoY
|
Bottom 11.6% in tier |
| Loans |
$89.8M
-1.5% YoY-1.8% QoQ
|
$-58.0M |
$147.8M
-1.4% YoY
|
$98.5M
+7.2% YoY
|
$388.7M
+8.6% YoY
|
29th in tier |
| Deposits |
$105.4M
+0.9% YoY-2.4% QoQ
|
$-94.9M |
$200.3M
-0.0% YoY
|
$114.5M
+4.4% YoY
|
$464.6M
+9.3% YoY
|
Bottom 14.6% in tier |
| ROA |
0.1%
-118.3% YoY+8.2% QoQ
|
-0.7% |
0.8%
+15.5% YoY
|
0.7%
+41.5% YoY
|
0.7%
+273.4% YoY
|
Bottom 10.3% in tier |
| NIM |
4.0%
+6.4% YoY+2.5% QoQ
|
+0.4% |
3.6%
+6.9% YoY
|
4.0%
+7.0% YoY
|
3.7%
+5.0% YoY
|
74th in tier |
| Efficiency Ratio |
86.8%
-8.3% YoY+0.2% QoQ
|
+9.5% |
77.3%
-3.0% YoY
|
80.8%
-5.9% YoY
|
79.1%
-3.3% YoY
|
Top 18.0% in tier |
| Delinquency Rate |
2.9%
-11.4% YoY+29.3% QoQ
|
+2.0 |
0.9%
+7.6% YoY
|
1.1%
+1.3% YoY
|
1.2%
-0.9% YoY
|
Top 2.5% in tier |
| Loan To Share |
85.2%
-2.3% YoY+0.6% QoQ
|
+12.5% |
72.7%
-1.5% YoY
|
71.7%
-1.6% YoY
|
68.0%
-1.7% YoY
|
Top 25.0% in tier |
| AMR |
$18,592
+8.7% YoY+2.9% QoQ
|
$-6K |
$24,363
+2.9% YoY
|
$16,886
+0.6% YoY
|
$19,418
+1.3% YoY
|
26th in tier |
| CD Concentration |
17.8%
+4.4% YoY+2.2% QoQ
|
-6.6% |
24.4%
+4.2% YoY
|
22.1%
+4.2% YoY
|
19.6%
+6.2% YoY
|
50th in tier |
| Indirect Auto % |
37.0%
+7.6% YoY-2.0% QoQ
|
+23.0% |
14.0%
-5.8% YoY
|
5.8%
-5.5% YoY
|
7.9%
-2.9% YoY
|
50th in tier |
Signature Analysis
Strengths (3)
Wallet Share Momentum
growth
#171 of 1006 • Top 6.2% in tier
Average member relationship growing year-over-year. Members are deepening their engagement.
Why This Signature
AMR Growth (YoY):
8.68%
(Tier:
3.68%, National:
4.19%)
1006 of 1077 Community CUs have this signature
| 1330 nationally
↑ Growing
+249 CUs YoY
|
Rank worsening
Relationship Depth Leader
growth
#225 of 1006 • Top 8.1% in tier
Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.
Why This Signature
AMR Growth (YoY):
8.68%
(Tier:
3.68%, National:
4.19%)
Share Draft per Member:
$2.6K
(Tier: $2.8K, National: $2.0K)
1006 of 1077 Community CUs have this signature
| 1330 nationally
↑ Growing
+249 CUs YoY
|
Rank worsening
Emerging Performer
growth
#626 of 627 • Top 33.3% in tier
Profitable credit union with positive returns. May represent growth potential worth exploring.
Why This Signature
Return on Assets:
0.11%
(Tier:
0.77%, National:
0.71%)
Member Growth (YoY):
-8.19%
(Tier:
0.88%, National:
9.37%)
627 of 1077 Community CUs have this signature
| 852 nationally
↑ Growing
+13 CUs YoY
|
New qualifier
Concerns (5)
Membership Headwinds
decline
#56 of 550 • Bottom 3.3% in tier
Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.
Why This Signature
Member Growth (YoY):
-8.19%
(Tier:
0.88%, National:
9.37%)
550 of 1077 Community CUs have this signature
| 648 nationally
→ Stable (555→550 CUs)
-5 CUs YoY
|
Rank worsening
Indirect Auto Dependency
risk
#270 of 525 • Bottom 16.8% in tier
Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.
Why This Signature
Asset Growth (YoY):
-3.47%
(Tier:
4.61%, National:
3.04%)
Indirect Auto %:
36.98%
(Tier:
13.96%, National:
7.90%)
Member Growth (YoY):
-8.19%
(Tier:
0.88%, National:
9.37%)
525 of 1077 Community CUs have this signature
| 768 nationally
↓ Shrinking
-18 CUs YoY
|
Rank worsening
Institutional Decline
decline
#165 of 256 • Bottom 20.8% in tier
Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.
Why This Signature
Total Assets:
$116.95M
(Tier: $231.30M, National: $547.69M)
Member Growth (YoY):
-8.19%
(Tier:
0.88%, National:
9.37%)
Loan Growth (YoY):
-1.48%
(Tier:
3.64%, National:
36.38%)
256 of 1077 Community CUs have this signature
| 293 nationally
↓ Shrinking
-43 CUs YoY
|
Rank worsening
Stagnation Risk
risk
#375 of 550 • Bottom 22.7% 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:
0.11%
(Tier:
0.77%, National:
0.71%)
Member Growth (YoY):
-8.19%
(Tier:
0.88%, National:
9.37%)
Avg Member Relationship:
$18.6K
(Tier: $25.0K, National: $19.4K)
CD Concentration:
17.78%
(Tier:
24.41%, National:
19.60%)
550 of 1077 Community CUs have this signature
| 648 nationally
→ Stable (555→550 CUs)
-5 CUs YoY
|
Rank improving
Efficiency Drag
risk
#463 of 521 • Bottom 26.2% in tier
High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.
Why This Signature
Efficiency Ratio:
86.78%
(Tier:
77.15%, National:
79.10%)
ROA Change (YoY):
0.73% points
(Tier:
0.11% points, National:
0.05% points)
Member Growth (YoY):
-8.19%
(Tier:
0.88%, National:
9.37%)
521 of 1077 Community CUs have this signature
| 624 nationally
↓ Shrinking
-113 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)
Top Strengths (3 metrics)
133
AMR Growth Rate
growth
Value:
8.68%
Peer Avg: 3.64%
#133 of 1077
Top 12.3% in 100M-500M tier
157
First Mortgage Concentration (%)
balance_sheet
Value:
11.53%
Peer Avg: 30.43%
#157 of 1077
Top 14.5% in 100M-500M tier
269
Loan-to-Share Ratio
balance_sheet
Value:
85.15%
Peer Avg: 72.70%
#269 of 1077
Top 24.9% in 100M-500M tier
Top Weaknesses (10 metrics)
1051
Total Delinquency Rate (60+ days)
risk
Value:
2.90%
Peer Avg: 0.86%
#1051 of 1077
Bottom 2.5% in 100M-500M tier
1024
Member Growth Rate
growth
Value:
-8.19%
Peer Avg: 0.72%
#1024 of 1077
Bottom 5.0% in 100M-500M tier
1016
Asset Growth Rate
growth
Value:
-3.47%
Peer Avg: 4.70%
#1016 of 1077
Bottom 5.8% in 100M-500M tier
1001
Net Worth Ratio
risk
Value:
8.39%
Peer Avg: 12.15%
#1001 of 1077
Bottom 7.1% in 100M-500M tier
966
Return on Assets (ROA)
profitability
Value:
0.11%
Peer Avg: 0.79%
#966 of 1077
Bottom 10.4% in 100M-500M tier
965
Indirect Auto Concentration (%)
balance_sheet
Value:
36.98%
Peer Avg: 13.34%
#965 of 1077
Bottom 10.5% in 100M-500M tier
952
Total Assets
balance_sheet
Value:
$116.95M
Peer Avg: $231.30M
#952 of 1077
Bottom 11.7% in 100M-500M tier
947
Net Charge-Off Rate
risk
Value:
0.89%
Peer Avg: 0.47%
#947 of 1077
Bottom 12.2% in 100M-500M tier
920
Total Deposits
balance_sheet
Value:
$105.41M
Peer Avg: $200.29M
#920 of 1077
Bottom 14.7% in 100M-500M tier
884
Efficiency Ratio
profitability
Value:
86.78%
Peer Avg: 77.28%
#884 of 1077
Bottom 18.0% in 100M-500M tier