COBALT

Charter #24917 | NE

1B-3B (304 CUs) Mid-Market (380 CUs)
2 1B-3B in NE

COBALT has 7 strengths but faces 11 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 26.7% in tier
  • + Wallet Share Momentum: Top 27.0% in tier
  • + Relationship Depth Leader: Top 33.4% in tier
  • + ROA 0.03% above tier average
  • + Net Interest Margin 0.49% above tier average
  • + Members Per Employee (MPE): Top 9.2% in tier
  • + First Mortgage Concentration (%): Top 9.5% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 9.2% in tier
  • - Stagnation Risk: Bottom 12.5% in tier
  • - Indirect Auto Dependency: Bottom 14.0% in tier
  • - Institutional Decline: Bottom 23.5% in tier
  • - Liquidity Strain: Bottom 33.2% in tier
  • - Delinquency rate 0.02% above tier average
  • - Member decline: -4.5% YoY
  • - Average Member Relationship (AMR): Bottom 4.6% in tier
  • - Deposit Growth Rate: Bottom 5.9% in tier
  • - Member Growth Rate: Bottom 7.9% in tier
  • - Net Worth Ratio: Bottom 8.6% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NE) National Avg Tier Percentile
Members 115,753
-4.5% YoY-0.7% QoQ
 +17.1K 98,678
-1.9% YoY
 11,261
+2.9% YoY
 33,089
+6.1% YoY
 69th in tier
Assets $1.3B
-1.9% YoY-0.7% QoQ
 $-408.9M $1.7B
+0.5% YoY
 $135.7M
+6.0% YoY
 $547.7M
+7.8% YoY
 31st in tier
Loans $1.0B
-0.7% YoY+4.1% QoQ
 $-196.7M $1.2B
+0.5% YoY
 $98.5M
+7.2% YoY
 $388.7M
+8.6% YoY
 42nd in tier
Deposits $1.1B
-2.8% YoY-1.0% QoQ
 $-323.7M $1.5B
+1.3% YoY
 $114.5M
+4.4% YoY
 $464.6M
+9.3% YoY
 35th in tier
ROA 0.7%
-428.8% YoY-13.5% QoQ
 +0.0% 0.7%
+13.4% YoY
 0.7%
+41.5% YoY
 0.7%
+273.4% YoY
 58th in tier
NIM 3.7%
+39.5% YoY+4.2% QoQ
 +0.5% 3.3%
+9.3% YoY
 4.0%
+7.0% YoY
 3.7%
+5.0% YoY
 Top 19.4% in tier
Efficiency Ratio 68.8%
-20.7% YoY+3.6% QoQ
 -5.2% 74.0%
-10.9% YoY
 80.8%
-5.9% YoY
 79.1%
-3.3% YoY
 28th in tier
Delinquency Rate 0.9%
-10.9% YoY-1.8% QoQ
 +0.0 0.8%
+6.1% YoY
 1.1%
+1.3% YoY
 1.2%
-0.9% YoY
 66th in tier
Loan To Share 91.7%
+2.2% YoY+5.1% QoQ
 +6.5% 85.2%
-0.8% YoY
 71.7%
-1.6% YoY
 68.0%
-1.7% YoY
 61st in tier
AMR $18,721
+2.8% YoY+2.1% QoQ
 $-10K $29,172
+2.8% YoY
 $16,886
+0.6% YoY
 $19,418
+1.3% YoY
 Bottom 4.3% in tier
CD Concentration 19.9%
-20.7% YoY-5.1% QoQ
 -9.1% 29.0%
+0.8% YoY
 22.1%
+4.2% YoY
 19.6%
+6.2% YoY
 Bottom 13.5% in tier
Indirect Auto % 38.5%
-16.3% YoY-7.2% QoQ
 +19.7% 18.8%
-2.8% YoY
 5.8%
-5.5% YoY
 7.9%
-2.9% YoY
 Top 13.2% in tier

Signature Analysis

Strengths (3)

Emerging Performer

growth
#142 of 184 • Top 26.7% in tier

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

Why This Signature
Return on Assets: 0.73%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): -4.51%
(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 | New qualifier

Wallet Share Momentum

growth
#196 of 264 • Top 27.0% in tier

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

Why This Signature
AMR Growth (YoY): 2.80%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Relationship Depth Leader

growth
#242 of 264 • Top 33.4% in tier

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

Why This Signature
AMR Growth (YoY): 2.80%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.1K
(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 | New qualifier

Concerns (5)

Membership Headwinds

decline
#23 of 85 • Bottom 9.2% in tier

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

Why This Signature
Member Growth (YoY): -4.51%
(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

Stagnation Risk

risk
#31 of 85 • Bottom 12.5% 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: 0.73%
(Tier: 0.71%, National: 0.71%)
but better than tier avg
Member Growth (YoY): -4.51%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $18.7K
(Tier: $29.2K, National: $19.4K)
worse than tier avg
CD Concentration: 19.92%
(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

Indirect Auto Dependency

risk
#87 of 202 • Bottom 14.0% in tier

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

Why This Signature
Asset Growth (YoY): -1.91%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 38.47%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -4.51%
(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 worsening

Institutional Decline

decline
#25 of 31 • Bottom 23.5% in tier

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

Why This Signature
Total Assets: $1.31B
(Tier: $1.72B, National: $547.69M)
worse than tier avg
Member Growth (YoY): -4.51%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -0.72%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
31 of 380 Mid-Market CUs have this signature | 293 nationally
↓ Shrinking -6 CUs YoY | New qualifier

Liquidity Strain

risk
#175 of 183 • Bottom 33.2% in tier

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

Why This Signature
Loan-to-Share Ratio: 91.67%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): -0.72%
(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 | New qualifier

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 (4 metrics)

29
Members Per Employee (MPE)
engagement
Value: 468.636
Peer Avg: 364.953
#29 of 304 Top 9.2% in 1B-3B tier
30
First Mortgage Concentration (%)
balance_sheet
Value: 17.07%
Peer Avg: 34.01%
#30 of 304 Top 9.5% in 1B-3B tier
44
Share Certificate Concentration (%)
balance_sheet
Value: 19.92%
Peer Avg: 28.53%
#44 of 304 Top 14.1% in 1B-3B tier
59
Net Interest Margin (NIM)
profitability
Value: 3.75%
Peer Avg: 3.26%
#59 of 304 Top 19.1% in 1B-3B tier

Top Weaknesses (8 metrics)

291
Average Member Relationship (AMR)
engagement
Value: $18,721
Peer Avg: $29,172
#291 of 304 Bottom 4.6% in 1B-3B tier
287
Deposit Growth Rate
growth
Value: -2.83%
Peer Avg: 5.58%
#287 of 304 Bottom 5.9% in 1B-3B tier
281
Member Growth Rate
growth
Value: -4.51%
Peer Avg: 2.20%
#281 of 304 Bottom 7.9% in 1B-3B tier
279
Net Worth Ratio
risk
Value: 8.86%
Peer Avg: 11.44%
#279 of 304 Bottom 8.6% in 1B-3B tier
273
Asset Growth Rate
growth
Value: -1.91%
Peer Avg: 4.83%
#273 of 304 Bottom 10.5% in 1B-3B tier
273
Loan-to-Member Ratio (LMR)
engagement
Value: $8,954
Peer Avg: $13,213
#273 of 304 Bottom 10.5% in 1B-3B tier
267
Indirect Auto Concentration (%)
balance_sheet
Value: 38.47%
Peer Avg: 18.32%
#267 of 304 Bottom 12.5% in 1B-3B tier
238
Loan Growth Rate
growth
Value: -0.72%
Peer Avg: 5.27%
#238 of 304 Bottom 22.0% in 1B-3B tier