UNIVERSITY OF MICHIGAN

Charter #61552 | MI

1B-3B (304 CUs) Mid-Market (380 CUs)
19 1B-3B in MI

UNIVERSITY OF MICHIGAN has 8 strengths but faces 9 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 16.1% in tier
  • + Relationship Depth Leader: Top 24.8% in tier
  • + Organic Growth Engine: Top 26.0% in tier
  • + Wallet Share Momentum: Top 28.1% in tier
  • + Net Interest Margin 0.71% above tier average
  • + Share Certificate Concentration (%): Top 2.0% in tier
  • + Loan-to-Share Ratio: Top 3.6% in tier
  • + Members Per Employee (MPE): Top 4.6% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 3.0% in tier
  • - Cost Spiral: Bottom 7.1% in tier
  • - Growth-at-Risk: Bottom 19.6% in tier
  • - Credit Quality Pressure: Bottom 20.7% in tier
  • - Indirect Auto Dependency: Bottom 26.5% in tier
  • - ROA 0.18% below tier average
  • - Efficiency ratio 5.52% above tier (higher cost structure)
  • - Average Member Relationship (AMR): Bottom 3.9% in tier
  • - Fee Income Per Member: Bottom 9.2% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 121,675
+3.1% YoY+1.5% QoQ
 +23.0K 98,678
-1.9% YoY
 35,456
+8.6% YoY
 33,089
+6.1% YoY
 73rd in tier
Assets $1.4B
+3.8% YoY-1.0% QoQ
 $-337.6M $1.7B
+0.5% YoY
 $650.8M
+12.6% YoY
 $547.7M
+7.8% YoY
 36th in tier
Loans $1.1B
+7.6% YoY+1.4% QoQ
 $-101.1M $1.2B
+0.5% YoY
 $461.6M
+14.9% YoY
 $388.7M
+8.6% YoY
 52nd in tier
Deposits $1.1B
+3.9% YoY-1.0% QoQ
 $-391.5M $1.5B
+1.3% YoY
 $550.3M
+12.5% YoY
 $464.6M
+9.3% YoY
 27th in tier
ROA 0.5%
-73.3% YoY+0.4% QoQ
 -0.2% 0.7%
+13.4% YoY
 0.8%
-27.1% YoY
 0.7%
+273.4% YoY
 37th in tier
NIM 4.0%
+8.3% YoY+2.1% QoQ
 +0.7% 3.3%
+9.3% YoY
 3.7%
+8.5% YoY
 3.7%
+5.0% YoY
 Top 11.8% in tier
Efficiency Ratio 79.5%
+31.4% YoY+0.4% QoQ
 +5.5% 74.0%
-10.9% YoY
 76.1%
-1.3% YoY
 79.1%
-3.3% YoY
 70th in tier
Delinquency Rate 0.8%
+7.3% YoY+6.9% QoQ
 -0.0 0.8%
+6.1% YoY
 0.9%
-19.7% YoY
 1.2%
-0.9% YoY
 61st in tier
Loan To Share 106.5%
+3.5% YoY+2.5% QoQ
 +21.3% 85.2%
-0.8% YoY
 68.1%
+0.3% YoY
 68.0%
-1.7% YoY
 Top 3.9% in tier
AMR $18,038
+2.6% YoY-1.3% QoQ
 $-11K $29,172
+2.8% YoY
 $22,054
+2.5% YoY
 $19,418
+1.3% YoY
 Bottom 3.6% in tier
CD Concentration 10.3%
+23.0% YoY+6.3% QoQ
 -18.7% 29.0%
+0.8% YoY
 18.6%
+6.0% YoY
 19.6%
+6.2% YoY
 Bottom 2.1% in tier
Indirect Auto % 21.5%
-13.9% YoY-3.2% QoQ
 +2.7% 18.8%
-2.8% YoY
 11.9%
-2.7% YoY
 7.9%
-2.9% YoY
 61st in tier

Signature Analysis

Strengths (4)

Emerging Performer

growth
#86 of 184 • Top 16.1% in tier

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

Why This Signature
Return on Assets: 0.52%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): 3.08%
(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 | Rank worsening

Relationship Depth Leader

growth
#180 of 264 • Top 24.8% in tier

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

Why This Signature
AMR Growth (YoY): 2.61%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $3.1K
(Tier: $3.1K, National: $2.0K)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Organic Growth Engine

growth
#189 of 246 • Top 26.0% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 3.08%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
Return on Assets: 0.52%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 21.51%
(Tier: 18.80%, National: 7.90%)
but worse than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#204 of 264 • Top 28.1% in tier

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

Why This Signature
AMR Growth (YoY): 2.61%
(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

Concerns (5)

Liquidity Strain

risk
#17 of 183 • Bottom 3.0% in tier

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

Why This Signature
Loan-to-Share Ratio: 106.51%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 7.57%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank improving

Cost Spiral

risk
#5 of 14 • Bottom 7.1% in tier

Historically lean operator now seeing efficiency ratio rise significantly. Efficiency advantage eroding - early intervention critical.

Why This Signature
Efficiency Ratio Change: 19.02% points
(Tier: -7.46% points, National: -1.81% points)
worse than tier avg
Efficiency Ratio (Prior Year): -
(Tier: -, National: -)
Total Assets: $1.38B
(Tier: $1.72B, National: $547.69M)
worse than tier avg
14 of 380 Mid-Market CUs have this signature | 80 nationally
→ Stable (16→14 CUs) -2 CUs YoY | New qualifier

Growth-at-Risk

risk
#110 of 161 • Bottom 19.6% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 7.57%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.05% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | New qualifier

Credit Quality Pressure

risk
#159 of 217 • Bottom 20.7% in tier

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

Why This Signature
Delinquency Change (YoY): 0.05% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#164 of 202 • Bottom 26.5% in tier

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

Why This Signature
Asset Growth (YoY): 3.79%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 21.51%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 3.08%
(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

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)

7
Share Certificate Concentration (%)
balance_sheet
Value: 10.33%
Peer Avg: 28.53%
#7 of 304 Top 2.0% in 1B-3B tier
12
Loan-to-Share Ratio
balance_sheet
Value: 106.51%
Peer Avg: 85.19%
#12 of 304 Top 3.6% in 1B-3B tier
15
Members Per Employee (MPE)
engagement
Value: 513.397
Peer Avg: 364.953
#15 of 304 Top 4.6% in 1B-3B tier
36
Net Interest Margin (NIM)
profitability
Value: 3.97%
Peer Avg: 3.26%
#36 of 304 Top 11.5% in 1B-3B tier

Top Weaknesses (3 metrics)

293
Average Member Relationship (AMR)
engagement
Value: $18,038
Peer Avg: $29,172
#293 of 304 Bottom 3.9% in 1B-3B tier
277
Fee Income Per Member
profitability
Value: $125.85
Peer Avg: $210.52
#277 of 304 Bottom 9.2% in 1B-3B tier
265
Loan-to-Member Ratio (LMR)
engagement
Value: $9,303
Peer Avg: $13,213
#265 of 304 Bottom 13.2% in 1B-3B tier