ASSOCIATED HEALTHCARE

Charter #60466 | MN

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

ASSOCIATED HEALTHCARE has 5 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 17.8% in tier
  • + Wallet Share Momentum: Top 27.4% in tier
  • + Relationship Depth Leader: Top 32.3% in tier
  • + ROA 0.18% above tier average
  • + Members Per Employee (MPE): Top 4.6% in tier

Key Concerns

Areas that may need attention

  • - Indirect Auto Dependency: Bottom 17.4% in tier
  • - Stagnation Risk: Bottom 22.8% in tier
  • - Liquidity Overhang: Bottom 28.6% in tier
  • - Margin Compression: Bottom 30.1% in tier
  • - Membership Headwinds: Bottom 30.5% in tier
  • - Institutional Decline: Bottom 31.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MN) National Avg Tier Percentile
Members 12,420
-0.8% YoY+0.1% QoQ
-3.2K 15,628
-3.4% YoY
26,738
+5.8% YoY
33,089
+6.1% YoY
44th in tier
Assets $169.7M
+5.4% YoY+1.1% QoQ
$-61.6M $231.3M
-0.0% YoY
$521.2M
+7.2% YoY
$547.7M
+7.8% YoY
39th in tier
Loans $125.2M
-1.4% YoY+1.3% QoQ
$-22.6M $147.8M
-1.4% YoY
$373.7M
+9.3% YoY
$388.7M
+8.6% YoY
51st in tier
Deposits $147.9M
+4.8% YoY+0.8% QoQ
$-52.4M $200.3M
-0.0% YoY
$429.0M
+9.5% YoY
$464.6M
+9.3% YoY
40th in tier
ROA 1.0%
-10.1% YoY+9.2% QoQ
+0.2% 0.8%
+15.5% YoY
1.4%
-35.4% YoY
0.7%
+273.4% YoY
64th in tier
NIM 3.2%
-1.0% YoY+1.1% QoQ
-0.4% 3.6%
+6.9% YoY
3.7%
+9.1% YoY
3.7%
+5.0% YoY
29th in tier
Efficiency Ratio 72.4%
+1.9% YoY-0.1% QoQ
-4.8% 77.3%
-3.0% YoY
74.2%
-2.5% YoY
79.1%
-3.3% YoY
32nd in tier
Delinquency Rate 0.4%
-22.6% YoY+12.4% QoQ
-0.4 0.9%
+7.6% YoY
0.9%
+10.7% YoY
1.2%
-0.9% YoY
29th in tier
Loan To Share 84.7%
-5.9% YoY+0.6% QoQ
+12.0% 72.7%
-1.5% YoY
77.1%
-1.5% YoY
68.0%
-1.7% YoY
74th in tier
AMR $21,988
+2.7% YoY+1.0% QoQ
$-2K $24,363
+2.9% YoY
$23,275
+3.9% YoY
$19,418
+1.3% YoY
47th in tier
CD Concentration 20.3%
+10.5% YoY+9.4% QoQ
-4.1% 24.4%
+4.2% YoY
22.0%
+1.9% YoY
19.6%
+6.2% YoY
50th in tier
Indirect Auto % 21.7%
-2.6% YoY-2.7% QoQ
+7.8% 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
#335 of 627 • Top 17.8% in tier

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

Why This Signature
Return on Assets: 0.97%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Member Growth (YoY): -0.80%
(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

Wallet Share Momentum

growth
#757 of 1006 • Top 27.4% in tier

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

Why This Signature
AMR Growth (YoY): 2.70%
(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 | Rank worsening

Relationship Depth Leader

growth
#891 of 1006 • Top 32.3% in tier

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

Why This Signature
AMR Growth (YoY): 2.70%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.1K
(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 | Rank worsening

Concerns (6)

Indirect Auto Dependency

risk
#281 of 525 • Bottom 17.4% in tier

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

Why This Signature
Asset Growth (YoY): 5.44%
(Tier: 4.61%, National: 3.04%)
but better than tier avg
Indirect Auto %: 21.73%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -0.80%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 1077 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank improving

Stagnation Risk

risk
#376 of 550 • Bottom 22.8% 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: 0.97%
(Tier: 0.77%, National: 0.71%)
but better than tier avg
Member Growth (YoY): -0.80%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $22.0K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 20.26%
(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 worsening

Liquidity Overhang

risk
#443 of 552 • Bottom 28.6% 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: 13.29%
(Tier: 11.95%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 84.65%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
552 of 1077 Community CUs have this signature | 691 nationally
↑ Growing +65 CUs YoY | Rank worsening

Margin Compression

decline
#127 of 136 • Bottom 30.1% in tier

Strong profitability track record but margins eroding. Something changed - rising costs or falling yields need addressing.

Why This Signature
Return on Assets: 0.97%
(Tier: 0.77%, National: 0.71%)
but better than tier avg
ROA Change (YoY): -0.11% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Total Assets: $169.67M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
136 of 1077 Community CUs have this signature | 169 nationally
↓ Shrinking -43 CUs YoY | Rank improving

Membership Headwinds

decline
#503 of 550 • Bottom 30.5% in tier

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

Why This Signature
Member Growth (YoY): -0.80%
(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 worsening

Institutional Decline

decline
#252 of 256 • Bottom 31.9% in tier

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

Why This Signature
Total Assets: $169.67M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -0.80%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -1.36%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 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 1077 peers in tier

Top Strengths (1 metrics)

51
Members Per Employee (MPE)
engagement
Value: 517.500
Peer Avg: 332.881
#51 of 1077 Top 4.6% in 100M-500M tier

Top Weaknesses (0 metrics)

No weakness rankings available