GREAT LAKES

Charter #60238 | IL

1B-3B (304 CUs) Mid-Market (380 CUs)
9 1B-3B in IL

GREAT LAKES has 6 strengths but faces 11 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 1.5% in tier
  • + Organic Growth Engine: Top 7.6% in tier
  • + Emerging Performer: Top 9.5% in tier
  • + Net Interest Margin 0.23% above tier average
  • + Strong member growth: 16.6% YoY
  • + Member Growth Rate: Top 1.6% in tier

Key Concerns

Areas that may need attention

  • - Shrinking Wallet Share: Bottom 0.0% in tier
  • - Credit Quality Pressure: Bottom 9.3% in tier
  • - Efficiency Drag: Bottom 26.4% in tier
  • - Liquidity Strain: Bottom 34.2% in tier
  • - ROA 0.21% below tier average
  • - Efficiency ratio 9.17% above tier (higher cost structure)
  • - Delinquency rate 0.33% above tier average
  • - AMR Growth Rate: Bottom 1.6% in tier
  • - First Mortgage Concentration (%): Bottom 4.3% in tier
  • - Loan Growth Rate: Bottom 6.6% in tier
  • - Asset Growth Rate: Bottom 7.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (IL) National Avg Tier Percentile
Members 110,606
+16.6% YoY-0.3% QoQ
 +11.9K 98,678
-1.9% YoY
 21,352
+8.3% YoY
 33,089
+6.1% YoY
 66th in tier
Assets $1.4B
-3.5% YoY-2.6% QoQ
 $-296.6M $1.7B
+0.5% YoY
 $379.6M
+9.6% YoY
 $547.7M
+7.8% YoY
 40th in tier
Loans $1.1B
-6.1% YoY-1.6% QoQ
 $-131.6M $1.2B
+0.5% YoY
 $267.7M
+12.9% YoY
 $388.7M
+8.6% YoY
 49th in tier
Deposits $1.2B
+2.7% YoY-2.4% QoQ
 $-251.4M $1.5B
+1.3% YoY
 $314.3M
+10.4% YoY
 $464.6M
+9.3% YoY
 42nd in tier
ROA 0.5%
+201.3% YoY-2.1% QoQ
 -0.2% 0.7%
+13.4% YoY
 0.8%
-108.9% YoY
 0.7%
+273.4% YoY
 33rd in tier
NIM 3.5%
+44.7% YoY+24.8% QoQ
 +0.2% 3.3%
+9.3% YoY
 3.7%
+5.1% YoY
 3.7%
+5.0% YoY
 64th in tier
Efficiency Ratio 83.1%
-11.3% YoY-0.4% QoQ
 +9.2% 74.0%
-10.9% YoY
 90.4%
+10.2% YoY
 79.1%
-3.3% YoY
 Top 14.5% in tier
Delinquency Rate 1.2%
+19.2% YoY-1.6% QoQ
 +0.3 0.8%
+6.1% YoY
 1.5%
-12.1% YoY
 1.2%
-0.9% YoY
 Top 18.1% in tier
Loan To Share 91.6%
-8.5% YoY+0.8% QoQ
 +6.4% 85.2%
-0.8% YoY
 62.3%
-1.7% YoY
 68.0%
-1.7% YoY
 61st in tier
AMR $20,834
-15.7% YoY-1.8% QoQ
 $-8K $29,172
+2.8% YoY
 $15,032
+2.8% YoY
 $19,418
+1.3% YoY
 Bottom 9.9% in tier
CD Concentration 24.4%
+3.7% YoY+8.8% QoQ
 -4.6% 29.0%
+0.8% YoY
 13.7%
+4.0% YoY
 19.6%
+6.2% YoY
 30th in tier
Indirect Auto % 1.9%
+12.5% YoY-10.6% QoQ
 -16.9% 18.8%
-2.8% YoY
 7.2%
+3.4% YoY
 7.9%
-2.9% YoY
 Bottom 20.1% in tier

Signature Analysis

Strengths (3)

Organic Growth Leader

growth
#7 of 138 • Top 1.5% in tier

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

Why This Signature
Member Growth (YoY): 16.64%
(Tier: 3.18%, National: 9.37%)
better than tier avg
138 of 380 Mid-Market CUs have this signature | 608 nationally
↑ Growing +11 CUs YoY

Organic Growth Engine

growth
#56 of 246 • Top 7.6% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 16.64%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 0.49%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 1.87%
(Tier: 18.80%, National: 7.90%)
better than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank improving

Emerging Performer

growth
#51 of 184 • Top 9.5% in tier

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

Why This Signature
Return on Assets: 0.49%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): 16.64%
(Tier: 3.18%, National: 9.37%)
better than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | Rank improving

Concerns (4)

Shrinking Wallet Share

decline
#1 of 83 • Bottom 0.0% in tier

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

Why This Signature
AMR Growth (YoY): -15.73%
(Tier: 3.04%, National: 4.19%)
worse than tier avg
83 of 380 Mid-Market CUs have this signature | 346 nationally
↓ Shrinking -55 CUs YoY | Rank improving

Credit Quality Pressure

risk
#72 of 217 • Bottom 9.3% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.19% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank worsening

Efficiency Drag

risk
#88 of 96 • Bottom 26.4% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 83.14%
(Tier: 73.45%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.33% points
(Tier: 0.07% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): 16.64%
(Tier: 3.18%, National: 9.37%)
but better than tier avg
96 of 380 Mid-Market CUs have this signature | 624 nationally
↓ Shrinking -32 CUs YoY | Rank worsening

Liquidity Strain

risk
#180 of 183 • Bottom 34.2% in tier

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

Why This Signature
Loan-to-Share Ratio: 91.56%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): -6.07%
(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 | Rank worsening

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 (3 metrics)

6
Member Growth Rate
growth
Value: 16.64%
Peer Avg: 2.20%
#6 of 304 Top 1.6% in 1B-3B tier
67
Indirect Auto Concentration (%)
balance_sheet
Value: 1.87%
Peer Avg: 18.32%
#67 of 304 Top 21.7% in 1B-3B tier
69
Members Per Employee (MPE)
engagement
Value: 415.812
Peer Avg: 364.953
#69 of 304 Top 22.4% in 1B-3B tier

Top Weaknesses (9 metrics)

300
AMR Growth Rate
growth
Value: -15.73%
Peer Avg: 3.29%
#300 of 304 Bottom 1.6% in 1B-3B tier
292
First Mortgage Concentration (%)
balance_sheet
Value: 62.10%
Peer Avg: 34.01%
#292 of 304 Bottom 4.3% in 1B-3B tier
285
Loan Growth Rate
growth
Value: -6.07%
Peer Avg: 5.27%
#285 of 304 Bottom 6.6% in 1B-3B tier
281
Asset Growth Rate
growth
Value: -3.49%
Peer Avg: 4.83%
#281 of 304 Bottom 7.9% in 1B-3B tier
274
Average Member Relationship (AMR)
engagement
Value: $20,834
Peer Avg: $29,172
#274 of 304 Bottom 10.2% in 1B-3B tier
266
Net Worth Ratio
risk
Value: 9.11%
Peer Avg: 11.44%
#266 of 304 Bottom 12.8% in 1B-3B tier
261
Efficiency Ratio
profitability
Value: 83.14%
Peer Avg: 73.97%
#261 of 304 Bottom 14.5% in 1B-3B tier
252
Loan-to-Member Ratio (LMR)
engagement
Value: $9,958
Peer Avg: $13,213
#252 of 304 Bottom 17.4% in 1B-3B tier
250
Total Delinquency Rate (60+ days)
risk
Value: 1.15%
Peer Avg: 0.83%
#250 of 304 Bottom 18.1% in 1B-3B tier