HONOR

Charter #63004 | MI

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

HONOR has 5 strengths but faces 5 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 8.9% in tier
  • + Wallet Share Momentum: Top 18.1% in tier
  • + Emerging Performer: Top 19.1% in tier
  • + ROA 0.10% above tier average
  • + Net Interest Margin 0.93% above tier average

Key Concerns

Areas that may need attention

  • - Liquidity Overhang: Bottom 30.5% in tier
  • - Liquidity Strain: Bottom 31.9% in tier
  • - Efficiency ratio 4.66% above tier (higher cost structure)
  • - Delinquency rate 0.09% above tier average
  • - Members Per Employee (MPE): Bottom 2.0% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 107,343
-0.1% YoY+0.1% QoQ
 +8.7K 98,678
-1.9% YoY
 35,456
+8.6% YoY
 33,089
+6.1% YoY
 64th in tier
Assets $1.8B
+4.5% YoY-0.2% QoQ
 +$67.0M $1.7B
+0.5% YoY
 $650.8M
+12.6% YoY
 $547.7M
+7.8% YoY
 62nd in tier
Loans $1.4B
+4.9% YoY+2.2% QoQ
 +$145.2M $1.2B
+0.5% YoY
 $461.6M
+14.9% YoY
 $388.7M
+8.6% YoY
 66th in tier
Deposits $1.5B
+3.9% YoY-0.7% QoQ
 +$75.9M $1.5B
+1.3% YoY
 $550.3M
+12.5% YoY
 $464.6M
+9.3% YoY
 62nd in tier
ROA 0.8%
-8.7% YoY-2.1% QoQ
 +0.1% 0.7%
+13.4% YoY
 0.8%
-27.1% YoY
 0.7%
+273.4% YoY
 64th in tier
NIM 4.2%
+5.3% YoY+2.3% QoQ
 +0.9% 3.3%
+9.3% YoY
 3.7%
+8.5% YoY
 3.7%
+5.0% YoY
 Top 6.9% in tier
Efficiency Ratio 78.6%
+2.1% YoY+0.2% QoQ
 +4.7% 74.0%
-10.9% YoY
 76.1%
-1.3% YoY
 79.1%
-3.3% YoY
 66th in tier
Delinquency Rate 0.9%
-19.8% YoY+5.1% QoQ
 +0.1 0.8%
+6.1% YoY
 0.9%
-19.7% YoY
 1.2%
-0.9% YoY
 71st in tier
Loan To Share 90.1%
+1.0% YoY+3.0% QoQ
 +4.9% 85.2%
-0.8% YoY
 68.1%
+0.3% YoY
 68.0%
-1.7% YoY
 55th in tier
AMR $27,095
+4.5% YoY+0.6% QoQ
 $-2K $29,172
+2.8% YoY
 $22,054
+2.5% YoY
 $19,418
+1.3% YoY
 47th in tier
CD Concentration 21.0%
-8.3% YoY-3.0% QoQ
 -7.9% 29.0%
+0.8% YoY
 18.6%
+6.0% YoY
 19.6%
+6.2% YoY
 Bottom 16.1% in tier
Indirect Auto % 13.6%
-17.9% YoY-5.2% QoQ
 -5.2% 18.8%
-2.8% YoY
 11.9%
-2.7% YoY
 7.9%
-2.9% YoY
 43rd in tier

Signature Analysis

Strengths (3)

Relationship Depth Leader

growth
#65 of 264 • Top 8.9% in tier

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

Why This Signature
AMR Growth (YoY): 4.50%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $3.8K
(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 | Rank worsening

Wallet Share Momentum

growth
#132 of 264 • Top 18.1% in tier

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

Why This Signature
AMR Growth (YoY): 4.50%
(Tier: 3.04%, National: 4.19%)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank worsening

Emerging Performer

growth
#102 of 184 • Top 19.1% in tier

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

Why This Signature
Return on Assets: 0.81%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): -0.12%
(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

Concerns (2)

Liquidity Overhang

risk
#99 of 113 • Bottom 30.5% 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: 12.18%
(Tier: 11.30%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 90.07%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
113 of 380 Mid-Market CUs have this signature | 691 nationally
↑ Growing +9 CUs YoY | New qualifier

Liquidity Strain

risk
#168 of 183 • Bottom 31.9% in tier

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

Why This Signature
Loan-to-Share Ratio: 90.07%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 4.94%
(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 | 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 (3 metrics)

21
Net Interest Margin (NIM)
profitability
Value: 4.19%
Peer Avg: 3.26%
#21 of 304 Top 6.6% in 1B-3B tier
32
Fee Income Per Member
profitability
Value: $300.23
Peer Avg: $210.52
#32 of 304 Top 10.2% in 1B-3B tier
53
Share Certificate Concentration (%)
balance_sheet
Value: 21.04%
Peer Avg: 28.53%
#53 of 304 Top 17.1% in 1B-3B tier

Top Weaknesses (2 metrics)

299
Members Per Employee (MPE)
engagement
Value: 218.621
Peer Avg: 364.953
#299 of 304 Bottom 2.0% in 1B-3B tier
230
First Mortgage Concentration (%)
balance_sheet
Value: 42.85%
Peer Avg: 34.01%
#230 of 304 Bottom 24.7% in 1B-3B tier