FIRST SOURCE
Charter #2658 | NY
1B-3B
(304 CUs)
Mid-Market
($1B-$5B)
(380 CUs)
13 1B-3B in NY
FIRST SOURCE has 9 strengths but faces 5 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Emerging Performer: Top 11.5% in tier
- + Organic Growth Engine: Top 15.9% in tier
- + Organic Growth Leader: Top 21.9% in tier
- + Wallet Share Momentum: Top 28.2% in tier
- + Relationship Depth Leader: Top 30.3% in tier
- + ROA 0.04% above tier average
- + Net Interest Margin 1.22% above tier average
- + Indirect Auto Concentration (%): Top 0.0% in tier
- + Loan-to-Share Ratio: Top 3.0% in tier
Key Concerns
Areas that may need attention
- - Liquidity Strain: Bottom 8.0% in tier
- - Credit Quality Pressure: Bottom 15.8% in tier
- - Growth-at-Risk: Bottom 24.3% in tier
- - Delinquency rate 0.03% above tier average
- - Members Per Employee (MPE): Bottom 7.9% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (NY) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
63,579
+2.3% YoY+0.5% QoQ
|
-35.1K |
98,678
-1.9% YoY
|
25,964
+5.4% YoY
|
33,089
+6.1% YoY
|
Bottom 17.8% in tier |
| Assets |
$1.1B
+2.8% YoY+1.5% QoQ
|
$-625.5M |
$1.7B
+0.5% YoY
|
$471.3M
+6.4% YoY
|
$547.7M
+7.8% YoY
|
Bottom 11.2% in tier |
| Loans |
$1.0B
+2.7% YoY+2.0% QoQ
|
$-209.5M |
$1.2B
+0.5% YoY
|
$316.5M
+7.1% YoY
|
$388.7M
+8.6% YoY
|
40th in tier |
| Deposits |
$957.6M
+7.5% YoY-0.9% QoQ
|
$-496.7M |
$1.5B
+1.3% YoY
|
$400.0M
+7.6% YoY
|
$464.6M
+9.3% YoY
|
Bottom 14.5% in tier |
| ROA |
0.7%
-15.3% YoY+4.3% QoQ
|
+0.0% |
0.7%
+13.4% YoY
|
0.9%
+294.0% YoY
|
0.7%
+273.4% YoY
|
60th in tier |
| NIM |
4.5%
+13.2% YoY+1.2% QoQ
|
+1.2% |
3.3%
+9.3% YoY
|
3.6%
+5.0% YoY
|
3.7%
+5.0% YoY
|
Top 3.9% in tier |
| Efficiency Ratio |
69.4%
+0.8% YoY-0.4% QoQ
|
-4.6% |
74.0%
-10.9% YoY
|
80.1%
-6.2% YoY
|
79.1%
-3.3% YoY
|
30th in tier |
| Delinquency Rate |
0.9%
+15.0% YoY+12.2% QoQ
|
+0.0 |
0.8%
+6.1% YoY
|
1.7%
-8.3% YoY
|
1.2%
-0.9% YoY
|
66th in tier |
| Loan To Share |
106.9%
-4.4% YoY+2.9% QoQ
|
+21.7% |
85.2%
-0.8% YoY
|
61.5%
-2.3% YoY
|
68.0%
-1.7% YoY
|
Top 3.3% in tier |
| AMR |
$31,161
+2.6% YoY+0.1% QoQ
|
+$2K |
$29,172
+2.8% YoY
|
$19,040
-21.7% YoY
|
$19,418
+1.3% YoY
|
68th in tier |
| CD Concentration |
28.1%
+9.2% YoY+7.1% QoQ
|
-0.9% |
29.0%
+0.8% YoY
|
15.9%
+8.4% YoY
|
19.6%
+6.2% YoY
|
47th in tier |
| Indirect Auto % | 0.0% | -18.8% |
18.8%
-2.8% YoY
|
2.6%
-3.7% YoY
|
7.9%
-2.9% YoY
|
Bottom 0.0% in tier |
Signature Analysis
Strengths (5)
Emerging Performer
growth
#62 of 184 • Top 11.5% in tier
Profitable credit union with positive returns. May represent growth potential worth exploring.
Why This Signature
Return on Assets:
0.74%
(Tier:
0.71%, National:
0.71%)
Member Growth (YoY):
2.33%
(Tier:
3.18%, National:
9.37%)
184 of 380 Mid-Market CUs have this signature
| 852 nationally
↑ Growing
+18 CUs YoY
|
Rank worsening
Organic Growth Engine
growth
#116 of 246 • Top 15.9% in tier
Growing membership while maintaining profitability. Healthy fundamentals in place.
Why This Signature
Member Growth (YoY):
2.33%
(Tier:
3.18%, National:
9.37%)
Return on Assets:
0.74%
(Tier:
0.71%, National:
0.71%)
Indirect Auto %:
0.00%
(Tier:
18.80%, National:
7.90%)
246 of 380 Mid-Market CUs have this signature
| 917 nationally
↑ Growing
+14 CUs YoY
|
Rank worsening
Organic Growth Leader
growth
#87 of 138 • Top 21.9% in tier
Attracting members without relying on indirect channels. Healthy, sustainable growth model.
Why This Signature
Member Growth (YoY):
2.33%
(Tier:
3.18%, National:
9.37%)
138 of 380 Mid-Market CUs have this signature
| 608 nationally
↑ Growing
+11 CUs YoY
|
Rank worsening
Wallet Share Momentum
growth
#205 of 264 • Top 28.2% in tier
Average member relationship growing year-over-year. Members are deepening their engagement.
Why This Signature
AMR Growth (YoY):
2.57%
(Tier:
3.04%, National:
4.19%)
264 of 380 Mid-Market CUs have this signature
| 1330 nationally
↑ Growing
+60 CUs YoY
|
Rank worsening
Relationship Depth Leader
growth
#220 of 264 • Top 30.3% in tier
Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.
Why This Signature
AMR Growth (YoY):
2.57%
(Tier:
3.04%, National:
4.19%)
Share Draft per Member:
$2.5K
(Tier: $3.1K, National: $2.0K)
264 of 380 Mid-Market CUs have this signature
| 1330 nationally
↑ Growing
+60 CUs YoY
|
Rank worsening
Concerns (3)
Liquidity Strain
risk
#43 of 183 • Bottom 8.0% in tier
Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.
Why This Signature
Loan-to-Share Ratio:
106.89%
(Tier:
86.35%, National:
67.96%)
Loan Growth (YoY):
2.72%
(Tier:
6.14%, National:
36.38%)
183 of 380 Mid-Market CUs have this signature
| 484 nationally
↑ Growing
+10 CUs YoY
|
Rank worsening
Credit Quality Pressure
risk
#122 of 217 • Bottom 15.8% in tier
Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.
Why This Signature
Delinquency Change (YoY):
0.11% points
(Tier:
0.07% points, National:
0.07% points)
217 of 380 Mid-Market CUs have this signature
| 1002 nationally
↓ Shrinking
-70 CUs YoY
|
New qualifier
Growth-at-Risk
risk
#136 of 161 • Bottom 24.3% in tier
Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.
Why This Signature
Loan Growth (YoY):
2.72%
(Tier:
6.14%, National:
36.38%)
Delinquency Change (YoY):
0.11% points
(Tier:
0.07% points, National:
0.07% points)
161 of 380 Mid-Market CUs have this signature
| 646 nationally
↓ Shrinking
-30 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)
Top Strengths (4 metrics)
1
Indirect Auto Concentration (%)
balance_sheet
Value:
0.00%
Peer Avg: 18.32%
#1 of 304
Top 0.0% in 1B-3B tier
10
Loan-to-Share Ratio
balance_sheet
Value:
106.89%
Peer Avg: 85.19%
#10 of 304
Top 3.0% in 1B-3B tier
12
Net Interest Margin (NIM)
profitability
Value:
4.49%
Peer Avg: 3.26%
#12 of 304
Top 3.6% in 1B-3B tier
51
Loan-to-Member Ratio (LMR)
engagement
Value:
$16,099
Peer Avg: $13,213
#51 of 304
Top 16.4% in 1B-3B tier
Top Weaknesses (5 metrics)
281
Members Per Employee (MPE)
engagement
Value:
262.723
Peer Avg: 364.953
#281 of 304
Bottom 7.9% in 1B-3B tier
270
Total Assets
balance_sheet
Value:
$1.09B
Peer Avg: $1.72B
#270 of 304
Bottom 11.5% in 1B-3B tier
260
Total Deposits
balance_sheet
Value:
$957.62M
Peer Avg: $1.45B
#260 of 304
Bottom 14.8% in 1B-3B tier
250
Total Members
engagement
Value:
63,579
Peer Avg: 98,678
#250 of 304
Bottom 18.1% in 1B-3B tier
244
Net Charge-Off Rate
risk
Value:
0.90%
Peer Avg: 0.60%
#244 of 304
Bottom 20.1% in 1B-3B tier