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CONNEXUS

Charter #66538 · WI

Mid-Market 3B-5B
77 CUs in 3B-5B nationally 5 in WI
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CONNEXUS has 6 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 10.5% in tier
  • + Net Interest Margin 0.37% above tier average
  • + First Mortgage Concentration (%): Top 1.3% in tier
  • + Total Members: Top 2.6% in tier
  • + Members Per Employee (MPE): Top 3.9% in tier
  • + AMR Growth Rate: Top 6.5% in tier

Key Concerns

Areas that may need attention

  • - Institutional Decline: Bottom 8.5% in tier
  • - Credit Quality Pressure: Bottom 39.0% in tier
  • - Liquidity Strain: Bottom 41.6% in tier
  • - Indirect Auto Dependency: Bottom 41.9% in tier
  • - Stagnation Risk: Bottom 97.0% in tier
  • - Membership Headwinds: Bottom 97.0% in tier
  • - ROA 0.87% below tier average
  • - Efficiency ratio 4.91% above tier (higher cost structure)

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 77 credit unions with $3B-$5B in assets nationally, and 1 of 5 that size in Wisconsin.
  • Shares and deposits +7.9% year over year ($3.62B in shares and deposits).
  • Membership: 417,271 members, -8.6% vs a year ago.
  • Delinquency rate 1.89%.
  • Return on assets 0.06%.
  • Efficiency ratio 74.37% vs a 69.45% peer average.
  • Loan-to-share ratio 91.26% vs a 90.24% 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 (WI) National Avg Tier Percentile
Members 417,271
-8.6% YoY-2.0% QoQ
+200.7K 216,545
-9.5% YoY
40,085
+5.1% YoY
34,678
+6.6% YoY
Top 3.9% in tier
Assets $4.1B
+6.0% YoY-0.3% QoQ
+$233.6M $3.9B
-1.6% YoY
$782.0M
+12.1% YoY
$593.1M
+10.2% YoY
58%
Loans $3.3B
-7.7% YoY+0.4% QoQ
+$370.4M $2.9B
-1.2% YoY
$600.2M
+11.1% YoY
$418.6M
+10.1% YoY
71%
Deposits $3.6B
+7.9% YoY-0.3% QoQ
+$360.4M $3.3B
-2.6% YoY
$658.6M
+12.2% YoY
$504.8M
+10.3% YoY
71%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.1%
-109.3% YoY+13.2% QoQ
-0.9% 0.9%
+25.3% YoY
1.0%
+81.4% YoY
1.2%
+121.4% YoY
Bottom 1.3% in tier
NIM 3.6%
-8.6% YoY+1.1% QoQ
+0.4% 3.2%
+3.8% YoY
3.7%
+9.7% YoY
3.8%
+2.3% YoY
71%
Efficiency Ratio 74.4%
-5.4% YoY-2.4% QoQ
+4.9% 69.5%
-2.3% YoY
75.5%
-0.0% YoY
83.0%
-5.3% YoY
75%
Delinquency Rate 1.9%
+4.3% YoY+0.1% QoQ
+1.1 0.8%
+5.5% YoY
0.8%
-17.5% YoY
1.3%
+2.6% YoY
Bottom 3.9% in tier
Loan To Share 91.3%
-14.4% YoY+0.7% QoQ
+1.0% 90.2%
+0.9% YoY
79.3%
-0.8% YoY
66.4%
-1.4% YoY
42%
AMR $16,582
+9.3% YoY+2.1% QoQ
$-14K $31,018
+6.9% YoY
$24,272
+7.8% YoY
$20,028
-0.9% YoY
Bottom 2.6% in tier
CD Concentration 48.0%
+3.2% YoY+3.0% QoQ
+18.9% 29.1% 21.6% 20.0% Top 3.5% in tier
Indirect Auto % 15.7%
+15.0% YoY+3.8% QoQ
-2.4% 18.1% 8.4% 7.7% 50%

Signature Analysis

Strengths (1)

Wallet Share Momentum

growth
#39 of 125 • Top 10.5% in tier

Average member relationship growing 5%+ year-over-year. Members are significantly deepening their engagement.

Why This Signature
AMR Growth (YoY): 9.26%
(Tier: 3.62%, National: 35.20%)
better than tier avg
125 of 377 Mid-Market CUs have this signature | 635 nationally
↑ Growing +22 CUs YoY | New qualifier

Concerns (6)

Stagnation Risk

risk
#2 of 86 • Bottom 97.0% in tier

Membership shrinking at least 0.5% year-over-year. Declining member base creates long-term risk even if current operations appear healthy.

Why This Signature
Member Growth (YoY): -8.64%
(Tier: 3.16%, National: 15.67%)
worse than tier avg
Loan Growth (YoY): -7.70%
(Tier: 6.76%, National: 78.26%)
worse than tier avg
Delinquency Rate: 1.89%
(Tier: 0.86%, National: 1.26%)
worse than tier avg
86 of 377 Mid-Market CUs have this signature | 653 nationally
→ Stable (82→86 CUs) +4 CUs YoY | Rank improving

Institutional Decline

decline
#2 of 25 • Bottom 8.5% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature
Total Assets: $4.14B
(Tier: $2.16B, National: $593.11M)
but better than tier avg
Member Growth (YoY): -8.64%
(Tier: 3.16%, National: 15.67%)
worse than tier avg
Loan Growth (YoY): -7.70%
(Tier: 6.76%, National: 78.26%)
worse than tier avg
25 of 377 Mid-Market CUs have this signature | 261 nationally
↓ Shrinking -12 CUs YoY

Membership Headwinds

decline
#12 of 86 • Bottom 97.0% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -8.64%
(Tier: 3.16%, National: 15.67%)
worse than tier avg
86 of 377 Mid-Market CUs have this signature | 653 nationally
→ Stable (82→86 CUs) +4 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#126 of 193 • Bottom 41.9% in tier

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

Why This Signature
Asset Growth (YoY): 6.01%
(Tier: 6.52%, National: 3.30%)
worse than tier avg
Indirect Auto %: 15.71%
(Tier: 18.08%, National: 7.71%)
but better than tier avg
Member Growth (YoY): -8.64%
(Tier: 3.16%, National: 15.67%)
worse than tier avg
193 of 377 Mid-Market CUs have this signature | 714 nationally
↓ Shrinking -10 CUs YoY | New qualifier

Credit Quality Pressure

risk
#145 of 215 • Bottom 39.0% in tier

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

Why This Signature
Delinquency Change (YoY): 0.08% points
(Tier: 0.06% points, National: 0.08% points)
worse than tier avg
215 of 377 Mid-Market CUs have this signature | 962 nationally
↓ Shrinking -28 CUs YoY | New qualifier

Liquidity Strain

risk
#167 of 168 • Bottom 41.6% in tier

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

Why This Signature
Loan-to-Share Ratio: 91.26%
(Tier: 85.94%, National: 66.39%)
but better than tier avg
Loan Growth (YoY): -7.70%
(Tier: 6.76%, National: 78.26%)
worse than tier avg
168 of 377 Mid-Market CUs have this signature | 432 nationally
→ Stable (173→168 CUs) -5 CUs YoY | Rank worsening

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 77 peers in tier

Top Strengths (4 metrics)

2
First Mortgage Concentration (%)
balance_sheet
Value: 10.83%
Peer Median: 32.92%
#2 of 77 Top 1.3% in 3B-5B tier
3
Total Members
engagement
Value: 417,271
Peer Median: 211,695
#3 of 77 Top 2.6% in 3B-5B tier
4
Members Per Employee (MPE)
engagement
Value: 694.295
Peer Median: 390.144
#4 of 77 Top 3.9% in 3B-5B tier
6
AMR Growth Rate
growth
Value: 9.26%
Peer Median: 3.17%
#6 of 77 Top 6.5% in 3B-5B tier

Top Weaknesses (11 metrics)

77
Fee Income Per Member
profitability
Value: $46.02
Peer Median: $211.54
#77 of 77 Bottom 1.3% in 3B-5B tier
76
Return on Assets (ROA)
profitability
Value: 0.06%
Peer Median: 0.94%
#76 of 77 Bottom 2.6% in 3B-5B tier
75
Total Delinquency Rate (60+ days)
risk
Value: 1.89%
Peer Median: 0.63%
#75 of 77 Bottom 3.9% in 3B-5B tier
75
Net Worth Ratio
risk
Value: 7.37%
Peer Median: 10.81%
#75 of 77 Bottom 3.9% in 3B-5B tier
75
Average Member Relationship (AMR)
engagement
Value: $16,582
Peer Median: $28,880
#75 of 77 Bottom 3.9% in 3B-5B tier
75
Loan-to-Member Ratio (LMR)
engagement
Value: $7,912
Peer Median: $13,282
#75 of 77 Bottom 3.9% in 3B-5B tier
74
Loan Growth Rate
growth
Value: -7.70%
Peer Median: 6.20%
#74 of 77 Bottom 5.2% in 3B-5B tier
74
Net Charge-Off Rate
risk
Value: 2.03%
Peer Median: 0.47%
#74 of 77 Bottom 5.2% in 3B-5B tier
74
Share Certificate Concentration (%)
balance_sheet
Value: 47.97%
Peer Median: 32.00%
#74 of 77 Bottom 5.2% in 3B-5B tier
72
Member Growth Rate
growth
Value: -8.64%
Peer Median: 3.08%
#72 of 77 Bottom 7.8% in 3B-5B tier
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