HIBBING COOPERATIVE

Charter #60164 | MN

100M-500M (1077 CUs) Micro
31 100M-500M in MN

HIBBING COOPERATIVE has 11 strengths but faces 11 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 9.8% in tier
  • + Relationship Depth Leader: Top 31.0% in tier
  • + Wallet Share Momentum: Top 34.5% in tier
  • + ROA 1.82% above tier average
  • + Net Interest Margin 0.45% above tier average
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + Net Charge-Off Rate: Top 0.5% in tier
  • + Efficiency Ratio: Top 0.6% in tier
  • + Members Per Employee (MPE): Top 1.0% in tier
  • + Share Certificate Concentration (%): Top 1.3% in tier
  • + Net Worth Ratio: Top 5.0% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Overhang: Bottom 1.0% in tier
  • - Stagnation Risk: Bottom 10.8% in tier
  • - Membership Headwinds: Bottom 20.0% in tier
  • - Institutional Decline: Bottom 29.9% in tier
  • - Total Loans: Bottom 1.5% in tier
  • - Total Deposits: Bottom 1.5% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 2.2% in tier
  • - Total Assets: Bottom 3.4% in tier
  • - Loan-to-Share Ratio: Bottom 3.7% in tier
  • - Fee Income Per Member: Bottom 7.1% in tier
  • - Average Member Relationship (AMR): Bottom 9.0% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Members 8,097
-2.0% YoY-0.2% QoQ
 -7.5K 15,628
-3.4% YoY
 26,738
+5.8% YoY
 33,089
+6.1% YoY
 Bottom 16.7% in tier
Assets $105.5M
+2.9% YoY-0.2% QoQ
 $-125.8M $231.3M
-0.0% YoY
 $521.2M
+7.2% YoY
 $547.7M
+7.8% YoY
 Bottom 3.3% in tier
Loans $33.1M
-3.1% YoY-0.8% QoQ
 $-114.7M $147.8M
-1.4% YoY
 $373.7M
+9.3% YoY
 $388.7M
+8.6% YoY
 Bottom 1.4% in tier
Deposits $86.6M
+0.1% YoY-1.1% QoQ
 $-113.6M $200.3M
-0.0% YoY
 $429.0M
+9.5% YoY
 $464.6M
+9.3% YoY
 Bottom 1.4% in tier
ROA 2.6%
+9.9% YoY-1.9% QoQ
 +1.8% 0.8%
+15.5% YoY
 1.4%
-35.4% YoY
 0.7%
+273.4% YoY
 Top 1.0% in tier
NIM 4.0%
+4.8% YoY+1.7% QoQ
 +0.5% 3.6%
+6.9% YoY
 3.7%
+9.1% YoY
 3.7%
+5.0% YoY
 Top 24.4% in tier
Efficiency Ratio 42.1%
-3.5% YoY+3.5% QoQ
 -35.2% 77.3%
-3.0% YoY
 74.2%
-2.5% YoY
 79.1%
-3.3% YoY
 Bottom 0.6% in tier
Delinquency Rate 0.6%
-32.3% YoY+2.5% QoQ
 -0.3 0.9%
+7.6% YoY
 0.9%
+10.7% YoY
 1.2%
-0.9% YoY
 43rd in tier
Loan To Share 38.2%
-3.2% YoY+0.3% QoQ
 -34.5% 72.7%
-1.5% YoY
 77.1%
-1.5% YoY
 68.0%
-1.7% YoY
 Bottom 3.6% in tier
AMR $14,785
+1.1% YoY-0.7% QoQ
 $-10K $24,363
+2.9% YoY
 $23,275
+3.9% YoY
 $19,418
+1.3% YoY
 Bottom 8.9% in tier
CD Concentration 0.3%
+118.9% YoY+27.6% QoQ
 -24.1% 24.4%
+4.2% YoY
 22.0%
+1.9% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 0.0% -14.0% 14.0%
-5.8% YoY
 6.6%
-8.5% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (3)

Emerging Performer

growth
#184 of 627 • Top 9.8% in tier

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

Why This Signature
Return on Assets: 2.61%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Member Growth (YoY): -1.96%
(Tier: 0.88%, National: 9.37%)
but worse than tier avg
627 of 1077 Community CUs have this signature | 852 nationally
↑ Growing +13 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#854 of 1006 • Top 31.0% in tier

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

Why This Signature
AMR Growth (YoY): 1.15%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.6K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Wallet Share Momentum

growth
#952 of 1006 • Top 34.5% in tier

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

Why This Signature
AMR Growth (YoY): 1.15%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Concerns (4)

Liquidity Overhang

risk
#16 of 552 • Bottom 1.0% 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: 18.08%
(Tier: 11.95%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 38.17%
(Tier: 74.56%, National: 67.96%)
worse than tier avg
552 of 1077 Community CUs have this signature | 691 nationally
↑ Growing +65 CUs YoY | Rank improving

Stagnation Risk

risk
#179 of 550 • Bottom 10.8% 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: 2.61%
(Tier: 0.77%, National: 0.71%)
but better than tier avg
Member Growth (YoY): -1.96%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $14.8K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 0.32%
(Tier: 24.41%, National: 19.60%)
but better than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Membership Headwinds

decline
#330 of 550 • Bottom 20.0% in tier

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

Why This Signature
Member Growth (YoY): -1.96%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Institutional Decline

decline
#236 of 256 • Bottom 29.9% in tier

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

Why This Signature
Total Assets: $105.49M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -1.96%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -3.11%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 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 1077 peers in tier

Top Strengths (9 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 13.34%
#1 of 1077 Top 0.0% in 100M-500M tier
6
Net Charge-Off Rate
risk
Value: -0.03%
Peer Avg: 0.47%
#6 of 1077 Top 0.5% in 100M-500M tier
7
Efficiency Ratio
profitability
Value: 42.07%
Peer Avg: 77.28%
#7 of 1077 Top 0.6% in 100M-500M tier
11
Return on Assets (ROA)
profitability
Value: 2.61%
Peer Avg: 0.79%
#11 of 1077 Top 0.9% in 100M-500M tier
12
Members Per Employee (MPE)
engagement
Value: 674.750
Peer Avg: 332.881
#12 of 1077 Top 1.0% in 100M-500M tier
15
Share Certificate Concentration (%)
balance_sheet
Value: 0.32%
Peer Avg: 23.61%
#15 of 1077 Top 1.3% in 100M-500M tier
55
Net Worth Ratio
risk
Value: 18.08%
Peer Avg: 12.15%
#55 of 1077 Top 5.0% in 100M-500M tier
237
First Mortgage Concentration (%)
balance_sheet
Value: 15.62%
Peer Avg: 30.43%
#237 of 1077 Top 21.9% in 100M-500M tier
263
Net Interest Margin (NIM)
profitability
Value: 4.04%
Peer Avg: 3.58%
#263 of 1077 Top 24.3% in 100M-500M tier

Top Weaknesses (10 metrics)

1062
Total Loans
balance_sheet
Value: $33.07M
Peer Avg: $147.80M
#1062 of 1077 Bottom 1.5% in 100M-500M tier
1062
Total Deposits
balance_sheet
Value: $86.64M
Peer Avg: $200.29M
#1062 of 1077 Bottom 1.5% in 100M-500M tier
1054
Loan-to-Member Ratio (LMR)
engagement
Value: $4,085
Peer Avg: $10,245
#1054 of 1077 Bottom 2.2% in 100M-500M tier
1041
Total Assets
balance_sheet
Value: $105.49M
Peer Avg: $231.30M
#1041 of 1077 Bottom 3.4% in 100M-500M tier
1038
Loan-to-Share Ratio
balance_sheet
Value: 38.17%
Peer Avg: 72.70%
#1038 of 1077 Bottom 3.7% in 100M-500M tier
1002
Fee Income Per Member
profitability
Value: $77.47
Peer Avg: $174.31
#1002 of 1077 Bottom 7.1% in 100M-500M tier
981
Average Member Relationship (AMR)
engagement
Value: $14,785
Peer Avg: $24,363
#981 of 1077 Bottom 9.0% in 100M-500M tier
897
Total Members
engagement
Value: 8,097
Peer Avg: 15,628
#897 of 1077 Bottom 16.8% in 100M-500M tier
870
Deposit Growth Rate
growth
Value: 0.06%
Peer Avg: 4.69%
#870 of 1077 Bottom 19.3% in 100M-500M tier
866
Loan Growth Rate
growth
Value: -3.11%
Peer Avg: 3.45%
#866 of 1077 Bottom 19.7% in 100M-500M tier