WEBSTER FIRST

Charter #24557 | MA

1B-3B (304 CUs) Mid-Market (380 CUs)
10 1B-3B in MA

WEBSTER FIRST has 9 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 4.4% in tier
  • + Wallet Share Momentum: Top 5.8% in tier
  • + Emerging Performer: Top 15.3% in tier
  • + ROA 0.86% above tier average
  • + Net Interest Margin 0.03% above tier average
  • + Loan-to-Share Ratio: Top 0.7% in tier
  • + Net Worth Ratio: Top 2.3% in tier
  • + Efficiency Ratio: Top 3.3% in tier
  • + Net Charge-Off Rate: Top 8.2% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 2.3% in tier
  • - Stagnation Risk: Bottom 2.5% in tier
  • - Membership Headwinds: Bottom 14.2% in tier
  • - Liquidity Overhang: Bottom 18.7% in tier
  • - Member decline: -3.1% YoY
  • - Fee Income Per Member: Bottom 4.3% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MA) National Avg Tier Percentile
Members 89,394
-3.1% YoY-1.2% QoQ
 -9.3K 98,678
-1.9% YoY
 27,447
+2.6% YoY
 33,089
+6.1% YoY
 51st in tier
Assets $1.5B
+1.9% YoY-1.6% QoQ
 $-242.9M $1.7B
+0.5% YoY
 $440.2M
+4.2% YoY
 $547.7M
+7.8% YoY
 47th in tier
Loans $1.2B
+6.5% YoY+1.0% QoQ
 $-15.8M $1.2B
+0.5% YoY
 $341.2M
+2.4% YoY
 $388.7M
+8.6% YoY
 60th in tier
Deposits $1.1B
+3.9% YoY-0.7% QoQ
 $-400.6M $1.5B
+1.3% YoY
 $366.8M
+5.5% YoY
 $464.6M
+9.3% YoY
 Bottom 24.7% in tier
ROA 1.6%
+32.4% YoY+8.8% QoQ
 +0.9% 0.7%
+13.4% YoY
 0.7%
+17.3% YoY
 0.7%
+273.4% YoY
 Top 4.6% in tier
NIM 3.3%
+16.1% YoY+3.4% QoQ
 +0.0% 3.3%
+9.3% YoY
 3.3%
+3.8% YoY
 3.7%
+5.0% YoY
 53rd in tier
Efficiency Ratio 57.7%
-9.6% YoY-2.9% QoQ
 -16.3% 74.0%
-10.9% YoY
 80.4%
-4.7% YoY
 79.1%
-3.3% YoY
 Bottom 3.3% in tier
Delinquency Rate 0.5%
-3.2% YoY-0.2% QoQ
 -0.3 0.8%
+6.1% YoY
 0.9%
-6.0% YoY
 1.2%
-0.9% YoY
 32nd in tier
Loan To Share 115.5%
+2.5% YoY+1.7% QoQ
 +30.3% 85.2%
-0.8% YoY
 74.2%
-1.7% YoY
 68.0%
-1.7% YoY
 Top 1.0% in tier
AMR $25,404
+8.7% YoY+1.4% QoQ
 $-4K $29,172
+2.8% YoY
 $24,707
+3.7% YoY
 $19,418
+1.3% YoY
 38th in tier
CD Concentration 28.5%
+14.1% YoY+2.3% QoQ
 -0.5% 29.0%
+0.8% YoY
 24.8%
+8.8% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 12.5%
-28.1% YoY-7.8% QoQ
 -6.3% 18.8%
-2.8% YoY
 2.6%
-15.5% YoY
 7.9%
-2.9% YoY
 41st in tier

Signature Analysis

Strengths (3)

Relationship Depth Leader

growth
#33 of 264 • Top 4.4% in tier

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

Why This Signature
AMR Growth (YoY): 8.70%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $3.3K
(Tier: $3.1K, National: $2.0K)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Wallet Share Momentum

growth
#43 of 264 • Top 5.8% in tier

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

Why This Signature
AMR Growth (YoY): 8.70%
(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 | New qualifier

Emerging Performer

growth
#82 of 184 • Top 15.3% in tier

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

Why This Signature
Return on Assets: 1.56%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): -3.13%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | Rank worsening

Concerns (4)

Liquidity Strain

risk
#13 of 183 • Bottom 2.3% in tier

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

Why This Signature
Loan-to-Share Ratio: 115.52%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 6.52%
(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 | Rank worsening

Stagnation Risk

risk
#7 of 85 • Bottom 2.5% 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: 1.56%
(Tier: 0.71%, National: 0.71%)
but better than tier avg
Member Growth (YoY): -3.13%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $25.4K
(Tier: $29.2K, National: $19.4K)
worse than tier avg
CD Concentration: 28.50%
(Tier: 28.98%, National: 19.60%)
but better than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | New qualifier

Membership Headwinds

decline
#35 of 85 • Bottom 14.2% in tier

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

Why This Signature
Member Growth (YoY): -3.13%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | New qualifier

Liquidity Overhang

risk
#61 of 113 • Bottom 18.7% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 19.09%
(Tier: 11.30%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 115.52%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
113 of 380 Mid-Market CUs have this signature | 691 nationally
↑ Growing +9 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 304 peers in tier

Top Strengths (7 metrics)

3
Loan-to-Share Ratio
balance_sheet
Value: 115.52%
Peer Avg: 85.19%
#3 of 304 Top 0.7% in 1B-3B tier
8
Net Worth Ratio
risk
Value: 19.09%
Peer Avg: 11.44%
#8 of 304 Top 2.3% in 1B-3B tier
11
Efficiency Ratio
profitability
Value: 57.69%
Peer Avg: 73.97%
#11 of 304 Top 3.3% in 1B-3B tier
14
Return on Assets (ROA)
profitability
Value: 1.56%
Peer Avg: 0.70%
#14 of 304 Top 4.3% in 1B-3B tier
26
Net Charge-Off Rate
risk
Value: 0.14%
Peer Avg: 0.60%
#26 of 304 Top 8.2% in 1B-3B tier
38
AMR Growth Rate
growth
Value: 8.70%
Peer Avg: 3.29%
#38 of 304 Top 12.2% in 1B-3B tier
68
Members Per Employee (MPE)
engagement
Value: 417.729
Peer Avg: 364.953
#68 of 304 Top 22.0% in 1B-3B tier

Top Weaknesses (4 metrics)

292
Fee Income Per Member
profitability
Value: $98.61
Peer Avg: $210.52
#292 of 304 Bottom 4.3% in 1B-3B tier
270
Member Growth Rate
growth
Value: -3.13%
Peer Avg: 2.20%
#270 of 304 Bottom 11.5% in 1B-3B tier
236
First Mortgage Concentration (%)
balance_sheet
Value: 43.96%
Peer Avg: 34.01%
#236 of 304 Bottom 22.7% in 1B-3B tier
229
Total Deposits
balance_sheet
Value: $1.05B
Peer Avg: $1.45B
#229 of 304 Bottom 25.0% in 1B-3B tier