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CANVAS

Charter #64778 · CO

Large 5B-7B
39 CUs in 5B-7B nationally 1 in CO
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CANVAS has 6 strengths but faces 7 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 51.5% in tier
  • + Net Interest Margin 1.01% above tier average
  • + Strong member growth: 7.2% YoY
  • + Member Growth Rate: Top 5.1% in tier
  • + Loan-to-Share Ratio: Top 7.7% in tier
  • + First Mortgage Concentration (%): Top 7.7% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 7.6% in tier
  • - Credit Risk Growth: Bottom 18.8% in tier
  • - Credit Quality Pressure: Bottom 21.9% in tier
  • - Indirect Auto Dependency: Bottom 25.0% in tier
  • - Delinquency rate 0.35% above tier average
  • - Net Charge-Off Rate: Bottom 5.1% in tier
  • - Indirect Auto Concentration (%): Bottom 5.1% in tier

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 2026 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

  • One of 39 credit unions with $5B-$7B in assets nationally, and 1 of 1 that size in Colorado.
  • Shares and deposits +8.3% year over year ($4.68B in shares and deposits).
  • Membership: 335,110 members, +7.2% vs a year ago.
  • Delinquency rate 1.14%.
  • Return on assets 0.90%.
  • Efficiency ratio 58.79% vs a 65.18% peer average.
  • Loan-to-share ratio 102.36% vs a 85.64% peer average.

Data period: Q2 2026 NCUA call report. Animation disabled (reduced-motion preference). Full details in the metrics table below.

Core Metrics

As of 2026-Q2

Metric Current vs Tier Tier Avg State Avg (CO) National Avg Tier Percentile
Members 335,110
+7.2% YoY+2.5% QoQ
+24.2K 310,918
+6.0% YoY
46,494
+29.3% YoY
34,678
+6.6% YoY
67%
Assets $5.3B
+9.5% YoY+2.9% QoQ
$-498.3M $5.8B
-1.1% YoY
$894.3M
+37.1% YoY
$593.1M
+10.2% YoY
20%
Loans $4.8B
+10.7% YoY+3.8% QoQ
+$586.5M $4.2B
-0.7% YoY
$702.2M
+37.3% YoY
$418.6M
+10.1% YoY
74%
Deposits $4.7B
+8.3% YoY+1.4% QoQ
$-218.5M $4.9B
-1.3% YoY
$750.1M
+37.6% YoY
$504.8M
+10.3% YoY
41%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
AI-generated insights and rankings

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ROA 0.9%
+47.2% YoY-14.1% QoQ
+0.0% 0.9%
+35.3% YoY
0.7%
+37.8% YoY
1.2%
+121.4% YoY
56%
NIM 4.2%
+2.4% YoY-0.6% QoQ
+1.0% 3.2%
+9.5% YoY
3.5%
+0.2% YoY
3.8%
+2.3% YoY
Top 7.7% in tier
Efficiency Ratio 58.8%
-4.6% YoY+1.6% QoQ
-6.4% 65.2%
-9.0% YoY
79.8%
-0.6% YoY
83.0%
-5.3% YoY
18%
Delinquency Rate 1.1%
+20.0% YoY+12.2% QoQ
+0.4 0.8%
+23.8% YoY
0.8%
-1.8% YoY
1.3%
+2.6% YoY
82%
Loan To Share 102.4%
+2.2% YoY+2.3% QoQ
+16.7% 85.6%
-0.2% YoY
72.6%
-0.3% YoY
66.4%
-1.4% YoY
Top 10.3% in tier
AMR $28,239
+2.1% YoY+0.1% QoQ
$-4K $32,010
-7.3% YoY
$24,334
+6.4% YoY
$20,028
-0.9% YoY
36%
CD Concentration 32.0%
-5.0% YoY-2.4% QoQ
+3.7% 28.3% 27.0% 20.0% 65%
Indirect Auto % 45.9%
+2.3% YoY-1.6% QoQ
+29.1% 16.8% 12.3% 7.7% Bottom 3.0% in tier

Signature Analysis

Strengths (1)

Emerging Performer

growth
#5 of 19 • Top 51.5% in tier

Smaller CU (bottom 50% by assets in tier) with strong profitability (ROA > 0.5%) AND growth (members >= 1%). Emerging leaders worth watching.

Why This Signature
Return on Assets: 0.90%
(Tier: 0.96%, National: 1.23%)
but worse than tier avg
Member Growth (YoY): 7.23%
(Tier: 4.24%, National: 15.67%)
better than tier avg
19 of 67 Large CUs have this signature | 283 nationally
→ Stable (18→19 CUs) +1 CUs YoY | New qualifier

Concerns (4)

Liquidity Strain

risk
#3 of 28 • Bottom 7.6% in tier

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

Why This Signature
Loan-to-Share Ratio: 102.36%
(Tier: 84.03%, National: 66.39%)
but better than tier avg
Loan Growth (YoY): 10.67%
(Tier: 7.79%, National: 78.26%)
but better than tier avg
28 of 67 Large CUs have this signature | 432 nationally
→ Stable (27→28 CUs) +1 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#5 of 35 • Bottom 25.0% in tier

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

Why This Signature
Asset Growth (YoY): 9.50%
(Tier: 8.71%, National: 3.30%)
but better than tier avg
Indirect Auto %: 45.91%
(Tier: 16.81%, National: 7.71%)
worse than tier avg
Member Growth (YoY): 7.23%
(Tier: 4.24%, National: 15.67%)
but better than tier avg
35 of 67 Large CUs have this signature | 714 nationally
→ Stable (33→35 CUs) +2 CUs YoY | Rank improving

Credit Risk Growth

risk
#7 of 28 • Bottom 18.8% in tier

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

Why This Signature
Loan Growth (YoY): 10.67%
(Tier: 7.79%, National: 78.26%)
but better than tier avg
Delinquency Change (YoY): 0.19% points
(Tier: 0.07% points, National: 0.08% points)
worse than tier avg
28 of 67 Large CUs have this signature | 688 nationally
→ Stable (31→28 CUs) -3 CUs YoY | Rank improving

Credit Quality Pressure

risk
#14 of 33 • Bottom 21.9% in tier

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

Why This Signature
Delinquency Change (YoY): 0.19% points
(Tier: 0.07% points, National: 0.08% points)
worse than tier avg
33 of 67 Large CUs have this signature | 962 nationally
→ Stable (37→33 CUs) -4 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 39 peers in tier

Top Strengths (8 metrics)

3
Net Interest Margin (NIM)
profitability
Value: 4.22%
Peer Median: 3.25%
#3 of 39 Top 5.1% in 5B-7B tier
3
Member Growth Rate
growth
Value: 7.23%
Peer Median: 2.78%
#3 of 39 Top 5.1% in 5B-7B tier
4
Loan-to-Share Ratio
balance_sheet
Value: 102.36%
Peer Median: 89.91%
#4 of 39 Top 7.7% in 5B-7B tier
4
First Mortgage Concentration (%)
balance_sheet
Value: 17.06%
Peer Median: 34.95%
#4 of 39 Top 7.7% in 5B-7B tier
6
Loan Growth Rate
growth
Value: 10.67%
Peer Median: 4.22%
#6 of 39 Top 12.8% in 5B-7B tier
8
Efficiency Ratio
profitability
Value: 58.79%
Peer Median: 66.17%
#8 of 39 Top 17.9% in 5B-7B tier
10
Asset Growth Rate
growth
Value: 9.50%
Peer Median: 6.34%
#10 of 39 Top 23.1% in 5B-7B tier
10
Total Loans
balance_sheet
Value: $4.79B
Peer Median: $4.31B
#10 of 39 Top 23.1% in 5B-7B tier

Top Weaknesses (4 metrics)

38
Net Charge-Off Rate
risk
Value: 1.18%
Peer Median: 0.62%
#38 of 39 Bottom 5.1% in 5B-7B tier
38
Indirect Auto Concentration (%)
balance_sheet
Value: 45.91%
Peer Median: 17.30%
#38 of 39 Bottom 5.1% in 5B-7B tier
33
Total Delinquency Rate (60+ days)
risk
Value: 1.14%
Peer Median: 0.67%
#33 of 39 Bottom 17.9% in 5B-7B tier
31
Total Assets
balance_sheet
Value: $5.29B
Peer Median: $5.68B
#31 of 39 Bottom 23.1% in 5B-7B tier
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