FRANKENMUTH

Charter #61755 | MI

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

FRANKENMUTH has 9 strengths but faces 5 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 1.5% in tier
  • + Organic Growth Engine: Top 2.1% in tier
  • + Organic Growth Leader: Top 9.2% in tier
  • + Relationship Depth Leader: Top 19.7% in tier
  • + Wallet Share Momentum: Top 26.2% in tier
  • + ROA 0.39% above tier average
  • + Net Interest Margin 0.33% above tier average
  • + Strong member growth: 5.7% YoY
  • + Fee Income Per Member: Top 1.0% in tier

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 3.1% in tier
  • - Growth-at-Risk: Bottom 4.1% in tier
  • - Efficiency ratio 1.92% above tier (higher cost structure)
  • - Delinquency rate 0.26% above tier average
  • - Members Per Employee (MPE): Bottom 1.3% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 76,433
+5.7% YoY+1.4% QoQ
 -22.2K 98,678
-1.9% YoY
 35,456
+8.6% YoY
 33,089
+6.1% YoY
 35th in tier
Assets $1.5B
+10.4% YoY+1.2% QoQ
 $-220.0M $1.7B
+0.5% YoY
 $650.8M
+12.6% YoY
 $547.7M
+7.8% YoY
 49th in tier
Loans $1.1B
+7.4% YoY+1.9% QoQ
 $-106.1M $1.2B
+0.5% YoY
 $461.6M
+14.9% YoY
 $388.7M
+8.6% YoY
 52nd in tier
Deposits $1.3B
+9.9% YoY+1.6% QoQ
 $-121.5M $1.5B
+1.3% YoY
 $550.3M
+12.5% YoY
 $464.6M
+9.3% YoY
 52nd in tier
ROA 1.1%
+2.9% YoY-7.2% QoQ
 +0.4% 0.7%
+13.4% YoY
 0.8%
-27.1% YoY
 0.7%
+273.4% YoY
 Top 17.8% in tier
NIM 3.6%
+4.6% YoY+1.2% QoQ
 +0.3% 3.3%
+9.3% YoY
 3.7%
+8.5% YoY
 3.7%
+5.0% YoY
 72nd in tier
Efficiency Ratio 75.9%
-4.0% YoY-1.1% QoQ
 +1.9% 74.0%
-10.9% YoY
 76.1%
-1.3% YoY
 79.1%
-3.3% YoY
 58th in tier
Delinquency Rate 1.1%
+67.0% YoY+11.9% QoQ
 +0.3 0.8%
+6.1% YoY
 0.9%
-19.7% YoY
 1.2%
-0.9% YoY
 Top 20.4% in tier
Loan To Share 84.6%
-2.3% YoY+0.4% QoQ
 -0.6% 85.2%
-0.8% YoY
 68.1%
+0.3% YoY
 68.0%
-1.7% YoY
 40th in tier
AMR $32,181
+2.8% YoY+0.4% QoQ
 +$3K $29,172
+2.8% YoY
 $22,054
+2.5% YoY
 $19,418
+1.3% YoY
 73rd in tier
CD Concentration 19.9%
-11.4% YoY+0.2% QoQ
 -9.1% 29.0%
+0.8% YoY
 18.6%
+6.0% YoY
 19.6%
+6.2% YoY
 Bottom 13.2% in tier
Indirect Auto % 9.9%
+5.1% YoY+0.6% QoQ
 -8.9% 18.8%
-2.8% YoY
 11.9%
-2.7% YoY
 7.9%
-2.9% YoY
 35th in tier

Signature Analysis

Strengths (5)

Emerging Performer

growth
#9 of 184 • Top 1.5% in tier

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

Why This Signature
Return on Assets: 1.09%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): 5.71%
(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

Organic Growth Engine

growth
#16 of 246 • Top 2.1% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 5.71%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 1.09%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 9.90%
(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

Organic Growth Leader

growth
#37 of 138 • Top 9.2% in tier

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

Why This Signature
Member Growth (YoY): 5.71%
(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 | Rank improving

Relationship Depth Leader

growth
#143 of 264 • Top 19.7% in tier

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

Why This Signature
AMR Growth (YoY): 2.84%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $3.4K
(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

Wallet Share Momentum

growth
#190 of 264 • Top 26.2% in tier

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

Why This Signature
AMR Growth (YoY): 2.84%
(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 (2)

Credit Quality Pressure

risk
#25 of 217 • Bottom 3.1% in tier

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

Why This Signature
Delinquency Change (YoY): 0.44% 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 | New qualifier

Growth-at-Risk

risk
#24 of 161 • Bottom 4.1% in tier

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

Why This Signature
Loan Growth (YoY): 7.36%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.44% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
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)

Comparing against 304 peers in tier

Top Strengths (6 metrics)

4
Fee Income Per Member
profitability
Value: $447.83
Peer Avg: $210.52
#4 of 304 Top 1.0% in 1B-3B tier
38
Asset Growth Rate
growth
Value: 10.37%
Peer Avg: 4.83%
#38 of 304 Top 12.2% in 1B-3B tier
43
Share Certificate Concentration (%)
balance_sheet
Value: 19.92%
Peer Avg: 28.53%
#43 of 304 Top 13.8% in 1B-3B tier
45
Member Growth Rate
growth
Value: 5.71%
Peer Avg: 2.20%
#45 of 304 Top 14.5% in 1B-3B tier
45
Deposit Growth Rate
growth
Value: 9.89%
Peer Avg: 5.58%
#45 of 304 Top 14.5% in 1B-3B tier
54
Return on Assets (ROA)
profitability
Value: 1.09%
Peer Avg: 0.70%
#54 of 304 Top 17.4% in 1B-3B tier

Top Weaknesses (2 metrics)

301
Members Per Employee (MPE)
engagement
Value: 184.621
Peer Avg: 364.953
#301 of 304 Bottom 1.3% in 1B-3B tier
243
Total Delinquency Rate (60+ days)
risk
Value: 1.09%
Peer Avg: 0.83%
#243 of 304 Bottom 20.4% in 1B-3B tier