GRANITE

Charter #24726 | UT

750M-1B (112 CUs) Community (281 CUs)
1 750M-1B in UT

GRANITE has 5 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 3.2% in tier
  • + Organic Growth Engine: Top 16.1% in tier
  • + Strong member growth: 7.7% YoY
  • + Member Growth Rate: Top 5.4% in tier
  • + Loan-to-Member Ratio (LMR): Top 9.8% in tier

Key Concerns

Areas that may need attention

  • - Shrinking Wallet Share: Bottom 18.3% in tier
  • - Liquidity Strain: Bottom 23.9% in tier
  • - ROA 0.28% below tier average
  • - Efficiency ratio 1.27% above tier (higher cost structure)
  • - Share Certificate Concentration (%): Bottom 3.6% in tier
  • - Net Interest Margin (NIM): Bottom 8.0% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (UT) National Avg Tier Percentile
Members 39,050
+7.7% YoY+2.3% QoQ
 -13.1K 52,114
-2.1% YoY
 76,315
+6.4% YoY
 33,089
+6.1% YoY
 Bottom 21.4% in tier
Assets $913.6M
+6.3% YoY+1.4% QoQ
 +$54.6M $859.0M
+0.0% YoY
 $1.2B
+10.2% YoY
 $547.7M
+7.8% YoY
 Top 24.1% in tier
Loans $689.4M
+6.0% YoY+1.9% QoQ
 +$86.0M $603.4M
+1.0% YoY
 $924.9M
+10.2% YoY
 $388.7M
+8.6% YoY
 Top 22.3% in tier
Deposits $750.4M
+6.2% YoY+1.1% QoQ
 +$16.2M $734.2M
+0.9% YoY
 $1.1B
+10.6% YoY
 $464.6M
+9.3% YoY
 62nd in tier
ROA 0.4%
+48.5% YoY+19.9% QoQ
 -0.3% 0.7%
+27.6% YoY
 0.9%
+11.6% YoY
 0.7%
+273.4% YoY
 29th in tier
NIM 2.5%
+19.0% YoY+3.3% QoQ
 -0.9% 3.4%
+9.6% YoY
 3.4%
+7.0% YoY
 3.7%
+5.0% YoY
 Bottom 7.1% in tier
Efficiency Ratio 75.8%
-6.0% YoY-2.9% QoQ
 +1.3% 74.5%
-3.2% YoY
 71.6%
-3.7% YoY
 79.1%
-3.3% YoY
 46th in tier
Delinquency Rate 0.4%
-13.7% YoY-26.6% QoQ
 -0.5 0.8%
+5.0% YoY
 0.7%
+11.8% YoY
 1.2%
-0.9% YoY
 Bottom 17.0% in tier
Loan To Share 91.9%
-0.1% YoY+0.8% QoQ
 +9.2% 82.7%
+0.1% YoY
 78.2%
-2.6% YoY
 68.0%
-1.7% YoY
 70th in tier
AMR $36,869
-1.5% YoY-0.8% QoQ
 +$8K $28,651
+2.5% YoY
 $21,167
+3.5% YoY
 $19,418
+1.3% YoY
 Top 15.2% in tier
CD Concentration 47.1%
+1.0% YoY-0.5% QoQ
 +22.7% 24.4%
+4.2% YoY
 27.9%
+4.6% YoY
 19.6%
+6.2% YoY
 Top 2.7% in tier
Indirect Auto % 13.8%
+11.8% YoY-2.7% QoQ
 -0.2% 14.0%
-5.8% YoY
 7.4%
-10.5% YoY
 7.9%
-2.9% YoY
 60th in tier

Signature Analysis

Strengths (2)

Organic Growth Leader

growth
#43 of 430 • Top 3.2% in tier

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

Why This Signature
Member Growth (YoY): 7.72%
(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 improving

Organic Growth Engine

growth
#295 of 603 • Top 16.1% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 7.72%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 0.43%
(Tier: 0.77%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 13.79%
(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 improving

Concerns (2)

Shrinking Wallet Share

decline
#183 of 244 • Bottom 18.3% in tier

Average member relationship declining year-over-year. Members may be moving money elsewhere or reducing engagement.

Why This Signature
AMR Growth (YoY): -1.49%
(Tier: 3.68%, National: 4.19%)
worse than tier avg
244 of 281 Community CUs have this signature | 346 nationally
↓ Shrinking -221 CUs YoY | Rank improving

Liquidity Strain

risk
#186 of 258 • Bottom 23.9% in tier

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

Why This Signature
Loan-to-Share Ratio: 91.88%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 6.03%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
258 of 281 Community CUs have this signature | 484 nationally
↓ Shrinking -28 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 112 peers in tier

Top Strengths (6 metrics)

7
Member Growth Rate
growth
Value: 7.72%
Peer Avg: 1.14%
#7 of 112 Top 5.4% in 750M-1B tier
12
Loan-to-Member Ratio (LMR)
engagement
Value: $17,654
Peer Avg: $12,810
#12 of 112 Top 9.8% in 750M-1B tier
17
Average Member Relationship (AMR)
engagement
Value: $36,869
Peer Avg: $28,651
#17 of 112 Top 14.3% in 750M-1B tier
20
Total Delinquency Rate (60+ days)
risk
Value: 0.37%
Peer Avg: 0.82%
#20 of 112 Top 17.0% in 750M-1B tier
25
Total Loans
balance_sheet
Value: $689.39M
Peer Avg: $603.36M
#25 of 112 Top 21.4% in 750M-1B tier
27
Total Assets
balance_sheet
Value: $913.63M
Peer Avg: $859.01M
#27 of 112 Top 23.2% in 750M-1B tier

Top Weaknesses (5 metrics)

109
Share Certificate Concentration (%)
balance_sheet
Value: 47.06%
Peer Avg: 28.34%
#109 of 112 Bottom 3.6% in 750M-1B tier
104
Net Interest Margin (NIM)
profitability
Value: 2.47%
Peer Avg: 3.38%
#104 of 112 Bottom 8.0% in 750M-1B tier
99
AMR Growth Rate
growth
Value: -1.49%
Peer Avg: 4.90%
#99 of 112 Bottom 12.5% in 750M-1B tier
88
Total Members
engagement
Value: 39,050
Peer Avg: 52,114
#88 of 112 Bottom 22.3% in 750M-1B tier
86
Members Per Employee (MPE)
engagement
Value: 278.929
Peer Avg: 361.634
#86 of 112 Bottom 24.1% in 750M-1B tier