ELECTRICAL WORKERS LOCAL 58
Charter #64267 | MI
<100M
(2596 CUs)
Micro
($0-$500M)
61 <100M in MI
ELECTRICAL WORKERS LOCAL 58 has 8 strengths but faces 3 concerns
Key Strengths
Areas where this CU excels compared to peers
- + ROA 0.18% above tier average
- + Net Interest Margin 0.09% above tier average
- + Total Delinquency Rate (60+ days): Top 0.0% in tier
- + Indirect Auto Concentration (%): Top 0.0% in tier
- + First Mortgage Concentration (%): Top 0.0% in tier
- + Members Per Employee (MPE): Top 1.2% in tier
- + AMR Growth Rate: Top 6.1% in tier
- + Net Charge-Off Rate: Top 9.4% in tier
Key Concerns
Areas that may need attention
- - Member decline: -9.7% YoY
- - Member Growth Rate: Bottom 6.2% in tier
- - Loan-to-Share Ratio: Bottom 9.7% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
1,912
-9.7% YoY-5.8% QoQ
|
-713 |
2,625
-2.2% YoY
|
35,456
+8.6% YoY
|
33,089
+6.1% YoY
|
50th in tier |
| Assets |
$21.3M
+4.8% YoY+0.6% QoQ
|
$-8.6M |
$29.9M
+1.1% YoY
|
$650.8M
+12.6% YoY
|
$547.7M
+7.8% YoY
|
50th in tier |
| Loans |
$5.5M
-3.1% YoY+3.7% QoQ
|
$-10.3M |
$15.8M
-2.4% YoY
|
$461.6M
+14.9% YoY
|
$388.7M
+8.6% YoY
|
36th in tier |
| Deposits |
$18.6M
+3.3% YoY-0.2% QoQ
|
$-6.8M |
$25.5M
+0.4% YoY
|
$550.3M
+12.5% YoY
|
$464.6M
+9.3% YoY
|
51st in tier |
| ROA |
0.9%
-7.3% YoY-10.0% QoQ
|
+0.2% |
0.7%
-731.4% YoY
|
0.8%
-27.1% YoY
|
0.7%
+273.4% YoY
|
55th in tier |
| NIM |
4.0%
+18.1% YoY+2.9% QoQ
|
+0.1% |
3.9%
+3.8% YoY
|
3.7%
+8.5% YoY
|
3.7%
+5.0% YoY
|
55th in tier |
| Efficiency Ratio |
79.6%
+10.5% YoY+3.6% QoQ
|
-1.8% |
81.4%
-2.4% YoY
|
76.1%
-1.3% YoY
|
79.1%
-3.3% YoY
|
53rd in tier |
| Delinquency Rate | 0.0% | -1.5 |
1.5%
-2.0% YoY
|
0.9%
-19.7% YoY
|
1.2%
-0.9% YoY
|
Bottom 0.0% in tier |
| Loan To Share |
29.3%
-6.2% YoY+4.0% QoQ
|
-31.9% |
61.2%
-3.0% YoY
|
68.1%
+0.3% YoY
|
68.0%
-1.7% YoY
|
Bottom 9.5% in tier |
| AMR |
$12,596
+12.7% YoY+6.9% QoQ
|
$-2K |
$14,627
-2.7% YoY
|
$22,054
+2.5% YoY
|
$19,418
+1.3% YoY
|
44th in tier |
| CD Concentration |
3.9%
+46.1% YoY+7.0% QoQ
|
-20.5% |
24.4%
+4.2% YoY
|
18.6%
+6.0% YoY
|
19.6%
+6.2% YoY
|
50th in tier |
| Indirect Auto % | 0.0% | -14.0% |
14.0%
-5.8% YoY
|
11.9%
-2.7% YoY
|
7.9%
-2.9% YoY
|
50th in tier |
Signature Analysis
Strengths (0)
No strengths identified
Concerns (0)
No concerns identified
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)
Top Strengths (6 metrics)
1
Total Delinquency Rate (60+ days)
risk
Value:
0.00%
Peer Avg: 1.51%
#1 of 2596
Top 0.0% in <100M tier
1
Indirect Auto Concentration (%)
balance_sheet
Value:
0.00%
Peer Avg: 2.84%
#1 of 2596
Top 0.0% in <100M tier
1
First Mortgage Concentration (%)
balance_sheet
Value:
0.00%
Peer Avg: 14.49%
#1 of 2596
Top 0.0% in <100M tier
33
Members Per Employee (MPE)
engagement
Value:
956.000
Peer Avg: 365.701
#33 of 2596
Top 1.2% in <100M tier
159
AMR Growth Rate
growth
Value:
12.71%
Peer Avg: 4.67%
#159 of 2596
Top 6.1% in <100M tier
246
Net Charge-Off Rate
risk
Value:
0.00%
Peer Avg: 0.57%
#246 of 2596
Top 9.4% in <100M tier
Top Weaknesses (3 metrics)
2436
Member Growth Rate
growth
Value:
-9.73%
Peer Avg: 14.92%
#2436 of 2596
Bottom 6.2% in <100M tier
2345
Loan-to-Share Ratio
balance_sheet
Value:
29.30%
Peer Avg: 61.23%
#2345 of 2596
Bottom 9.7% in <100M tier
2031
Loan-to-Member Ratio (LMR)
engagement
Value:
$2,854
Peer Avg: $5,488
#2031 of 2596
Bottom 21.8% in <100M tier