STATE EMPLOYEES'

Charter #66310 | NC

10B+ (21 CUs) Titans (21 CUs)
1 10B+ in NC

STATE EMPLOYEES' has 9 strengths but faces 5 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 14.8% in tier
  • + Organic Growth Leader: Top 17.1% in tier
  • + Relationship Depth Leader: Top 21.9% in tier
  • + Wallet Share Momentum: Top 21.9% in tier
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + Total Members: Top 4.8% in tier
  • + Total Assets: Top 4.8% in tier
  • + Total Loans: Top 4.8% in tier
  • + Total Deposits: Top 4.8% in tier

Key Concerns

Areas that may need attention

  • - ROA 0.06% below tier average
  • - Efficiency ratio 3.45% above tier (higher cost structure)
  • - Delinquency rate 1.22% above tier average
  • - Total Delinquency Rate (60+ days): Bottom 4.8% in tier
  • - First Mortgage Concentration (%): Bottom 9.5% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Members 2,964,865
+4.1% YoY+1.0% QoQ
 +1.1M 1,822,416
+4.1% YoY
 91,841
+6.6% YoY
 33,089
+6.1% YoY
 Top 9.5% in tier
Assets $56.8B
-0.8% YoY+1.0% QoQ
 +$28.1B $28.7B
+4.2% YoY
 $1.5B
+5.5% YoY
 $547.7M
+7.8% YoY
 Top 9.5% in tier
Loans $37.2B
+6.7% YoY+1.7% QoQ
 +$16.2B $21.1B
+5.8% YoY
 $1.1B
+9.9% YoY
 $388.7M
+8.6% YoY
 Top 9.5% in tier
Deposits $50.7B
+9.1% YoY+0.8% QoQ
 +$26.3B $24.4B
+7.2% YoY
 $1.3B
+12.1% YoY
 $464.6M
+9.3% YoY
 Top 9.5% in tier
ROA 0.7%
+98.4% YoY+7.9% QoQ
 -0.1% 0.8%
+17.7% YoY
 0.4%
-19.0% YoY
 0.7%
+273.4% YoY
 48th in tier
NIM 2.7%
+17.3% YoY+2.1% QoQ
 -0.4% 3.1%
+10.6% YoY
 4.1%
+4.0% YoY
 3.7%
+5.0% YoY
 Bottom 14.3% in tier
Efficiency Ratio 67.7%
-6.5% YoY-3.0% QoQ
 +3.5% 64.3%
-4.3% YoY
 81.5%
-1.2% YoY
 79.1%
-3.3% YoY
 67th in tier
Delinquency Rate 2.4%
-4.4% YoY+8.3% QoQ
 +1.2 1.2%
+9.7% YoY
 1.5%
+2.4% YoY
 1.2%
-0.9% YoY
 Top 4.8% in tier
Loan To Share 73.5%
-2.2% YoY+0.9% QoQ
 -16.3% 89.8%
-0.3% YoY
 76.3%
+1.1% YoY
 68.0%
-1.7% YoY
 Bottom 9.5% in tier
AMR $29,656
+3.8% YoY+0.3% QoQ
 $-2K $31,184
+7.8% YoY
 $17,441
+4.0% YoY
 $19,418
+1.3% YoY
 52nd in tier
CD Concentration 31.2%
+4.4% YoY+4.9% QoQ
 -0.7% 31.9%
+2.0% YoY
 20.6%
+2.2% YoY
 19.6%
+6.2% YoY
 33rd in tier
Indirect Auto % 0.0% -14.2% 14.2%
-8.9% YoY
 5.3%
-2.9% YoY
 7.9%
-2.9% YoY
 Bottom 0.0% in tier

Signature Analysis

Strengths (4)

Organic Growth Engine

growth
#9 of 18 • Top 14.8% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 4.11%
(Tier: 3.59%, National: 9.37%)
better than tier avg
Return on Assets: 0.70%
(Tier: 0.76%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 0.00%
(Tier: 14.25%, National: 7.90%)
better than tier avg
18 of 21 Titans CUs have this signature | 917 nationally
→ Stable (18→18 CUs) | Rank improving

Organic Growth Leader

growth
#7 of 12 • Top 17.1% in tier

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

Why This Signature
Member Growth (YoY): 4.11%
(Tier: 3.59%, National: 9.37%)
better than tier avg
12 of 21 Titans CUs have this signature | 608 nationally
→ Stable (11→12 CUs) +1 CUs YoY

Relationship Depth Leader

growth
#8 of 14 • Top 21.9% in tier

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

Why This Signature
AMR Growth (YoY): 3.82%
(Tier: 2.80%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.4K
(Tier: $2.9K, National: $2.0K)
but worse than tier avg
14 of 21 Titans CUs have this signature | 1330 nationally
↑ Growing +8 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#8 of 14 • Top 21.9% in tier

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

Why This Signature
AMR Growth (YoY): 3.82%
(Tier: 2.80%, National: 4.19%)
better than tier avg
14 of 21 Titans CUs have this signature | 1330 nationally
↑ Growing +8 CUs YoY | Rank worsening

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)

Comparing against 21 peers in tier

Top Strengths (5 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 14.25%
#1 of 21 Top 0.0% in 10B+ tier
2
Total Members
engagement
Value: 2,964,865
Peer Avg: 1,822,417
#2 of 21 Top 4.8% in 10B+ tier
2
Total Assets
balance_sheet
Value: $56.79B
Peer Avg: $28.72B
#2 of 21 Top 4.8% in 10B+ tier
2
Total Loans
balance_sheet
Value: $37.25B
Peer Avg: $21.09B
#2 of 21 Top 4.8% in 10B+ tier
2
Total Deposits
balance_sheet
Value: $50.68B
Peer Avg: $24.43B
#2 of 21 Top 4.8% in 10B+ tier

Top Weaknesses (7 metrics)

21
Total Delinquency Rate (60+ days)
risk
Value: 2.41%
Peer Avg: 1.18%
#21 of 21 Bottom 4.8% in 10B+ tier
20
First Mortgage Concentration (%)
balance_sheet
Value: 71.37%
Peer Avg: 41.28%
#20 of 21 Bottom 9.5% in 10B+ tier
19
Loan-to-Share Ratio
balance_sheet
Value: 73.49%
Peer Avg: 89.80%
#19 of 21 Bottom 14.3% in 10B+ tier
19
Members Per Employee (MPE)
engagement
Value: 361.481
Peer Avg: 499.855
#19 of 21 Bottom 14.3% in 10B+ tier
18
Net Interest Margin (NIM)
profitability
Value: 2.69%
Peer Avg: 3.11%
#18 of 21 Bottom 19.0% in 10B+ tier
17
Fee Income Per Member
profitability
Value: $108.67
Peer Avg: $171.28
#17 of 21 Bottom 23.8% in 10B+ tier
17
Asset Growth Rate
growth
Value: -0.77%
Peer Avg: 4.36%
#17 of 21 Bottom 23.8% in 10B+ tier