CONNEXUS

Charter #66538 | WI

3B-5B (76 CUs) Mid-Market (380 CUs)
5 3B-5B in WI

CONNEXUS has 4 strengths but faces 22 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Net Interest Margin 0.78% above tier average
  • + First Mortgage Concentration (%): Top 1.3% in tier
  • + Total Members: Top 1.3% in tier
  • + Members Per Employee (MPE): Top 3.9% in tier

Key Concerns

Areas that may need attention

  • - Institutional Decline: Bottom 1.0% in tier
  • - Shrinking Wallet Share: Bottom 2.0% in tier
  • - Accelerating Exit Risk: Bottom 2.3% in tier
  • - Membership Headwinds: Bottom 8.4% in tier
  • - Liquidity Strain: Bottom 28.0% in tier
  • - Stagnation Risk: Bottom 31.4% in tier
  • - ROA 1.12% below tier average
  • - Efficiency ratio 4.78% above tier (higher cost structure)
  • - Delinquency rate 1.26% above tier average
  • - Member decline: -4.9% YoY
  • - Fee Income Per Member: Bottom 1.3% in tier
  • - Loan Growth Rate: Bottom 1.3% in tier
  • - Asset Growth Rate: Bottom 2.6% in tier
  • - Deposit Growth Rate: Bottom 2.6% in tier
  • - Net Charge-Off Rate: Bottom 2.6% in tier
  • - Net Worth Ratio: Bottom 2.6% in tier
  • - Member Growth Rate: Bottom 3.9% in tier
  • - AMR Growth Rate: Bottom 3.9% in tier
  • - Average Member Relationship (AMR): Bottom 3.9% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 3.9% in tier
  • - Total Delinquency Rate (60+ days): Bottom 6.6% in tier
  • - Share Certificate Concentration (%): Bottom 7.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (WI) National Avg Tier Percentile
Members 452,190
-4.9% YoY-1.0% QoQ
 +213.7K 238,465
+0.6% YoY
 38,719
+8.7% YoY
 33,089
+6.1% YoY
 Top 2.6% in tier
Assets $4.2B
-9.4% YoY+6.5% QoQ
 +$183.5M $4.0B
-0.1% YoY
 $717.4M
+12.8% YoY
 $547.7M
+7.8% YoY
 55th in tier
Loans $3.5B
-15.8% YoY-3.0% QoQ
 +$450.2M $3.0B
+3.3% YoY
 $555.6M
+13.3% YoY
 $388.7M
+8.6% YoY
 Top 21.1% in tier
Deposits $3.6B
-10.9% YoY+7.0% QoQ
 +$256.0M $3.3B
+1.1% YoY
 $603.1M
+13.2% YoY
 $464.6M
+9.3% YoY
 68th in tier
ROA -0.4%
-59.7% YoY-43.3% QoQ
 -1.1% 0.7%
+5.3% YoY
 0.7%
-20.1% YoY
 0.7%
+273.4% YoY
 Bottom 1.3% in tier
NIM 4.0%
+15.4% YoY+0.9% QoQ
 +0.8% 3.2%
+13.7% YoY
 3.5%
-0.2% YoY
 3.7%
+5.0% YoY
 Top 13.2% in tier
Efficiency Ratio 76.0%
+14.9% YoY-3.3% QoQ
 +4.8% 71.3%
-0.6% YoY
 74.2%
-2.5% YoY
 79.1%
-3.3% YoY
 Top 25.0% in tier
Delinquency Rate 2.1%
-31.2% YoY+15.8% QoQ
 +1.3 0.8%
+15.9% YoY
 1.0%
+20.8% YoY
 1.2%
-0.9% YoY
 Top 6.6% in tier
Loan To Share 96.7%
-5.5% YoY-9.4% QoQ
 +5.8% 90.8%
+2.0% YoY
 80.3%
+0.1% YoY
 68.0%
-1.7% YoY
 64th in tier
AMR $15,609
-8.9% YoY+2.9% QoQ
 $-13K $29,088
+0.1% YoY
 $22,950
+4.4% YoY
 $19,418
+1.3% YoY
 Bottom 2.6% in tier
CD Concentration 46.0%
-9.0% YoY-1.1% QoQ
 +17.0% 29.0%
+0.8% YoY
 21.1%
+6.2% YoY
 19.6%
+6.2% YoY
 Top 4.7% in tier
Indirect Auto % 13.9%
+13.3% YoY+1.6% QoQ
 -4.9% 18.8%
-2.8% YoY
 8.1%
-7.1% YoY
 7.9%
-2.9% YoY
 45th in tier

Signature Analysis

Strengths (0)

No strengths identified

Concerns (6)

Institutional Decline

decline
#2 of 31 • Bottom 1.0% in tier

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

Why This Signature
Total Assets: $4.15B
(Tier: $3.97B, National: $547.69M)
but better than tier avg
Member Growth (YoY): -4.92%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -15.84%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
31 of 380 Mid-Market CUs have this signature | 293 nationally
↓ Shrinking -6 CUs YoY | New qualifier

Shrinking Wallet Share

decline
#7 of 83 • Bottom 2.0% in tier

Average member relationship declining year-over-year. Members may be moving money elsewhere or reducing engagement.

Why This Signature
AMR Growth (YoY): -8.93%
(Tier: 3.04%, National: 4.19%)
worse than tier avg
83 of 380 Mid-Market CUs have this signature | 346 nationally
↓ Shrinking -55 CUs YoY | Rank worsening

Accelerating Exit Risk

decline
#2 of 13 • Bottom 2.3% in tier

Members leaving AND taking more deposits with them. This compounds quickly - urgent need for retention strategy.

Why This Signature
Member Growth (YoY): -4.92%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
AMR Growth (YoY): -8.93%
(Tier: 3.04%, National: 4.19%)
worse than tier avg
13 of 380 Mid-Market CUs have this signature | 73 nationally
↓ Shrinking -8 CUs YoY | New qualifier

Membership Headwinds

decline
#21 of 85 • Bottom 8.4% in tier

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

Why This Signature
Member Growth (YoY): -4.92%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | New qualifier

Liquidity Strain

risk
#148 of 183 • Bottom 28.0% in tier

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

Why This Signature
Loan-to-Share Ratio: 96.66%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): -15.84%
(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 | Rank worsening

Stagnation Risk

risk
#76 of 85 • Bottom 31.4% in tier

Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.

Why This Signature
Return on Assets: -0.38%
(Tier: 0.71%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -4.92%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $15.6K
(Tier: $29.2K, National: $19.4K)
worse than tier avg
CD Concentration: 45.98%
(Tier: 28.98%, National: 19.60%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 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 76 peers in tier

Top Strengths (5 metrics)

2
First Mortgage Concentration (%)
balance_sheet
Value: 8.34%
Peer Avg: 34.35%
#2 of 76 Top 1.3% in 3B-5B tier
2
Total Members
engagement
Value: 452,190
Peer Avg: 238,466
#2 of 76 Top 1.3% in 3B-5B tier
4
Members Per Employee (MPE)
engagement
Value: 754.908
Peer Avg: 433.941
#4 of 76 Top 3.9% in 3B-5B tier
10
Net Interest Margin (NIM)
profitability
Value: 3.98%
Peer Avg: 3.20%
#10 of 76 Top 11.8% in 3B-5B tier
16
Total Loans
balance_sheet
Value: $3.47B
Peer Avg: $3.02B
#16 of 76 Top 19.7% in 3B-5B tier

Top Weaknesses (14 metrics)

76
Fee Income Per Member
profitability
Value: $52.03
Peer Avg: $191.96
#76 of 76 Bottom 1.3% in 3B-5B tier
76
Loan Growth Rate
growth
Value: -15.84%
Peer Avg: 9.56%
#76 of 76 Bottom 1.3% in 3B-5B tier
75
Return on Assets (ROA)
profitability
Value: -0.38%
Peer Avg: 0.75%
#75 of 76 Bottom 2.6% in 3B-5B tier
75
Asset Growth Rate
growth
Value: -9.35%
Peer Avg: 7.42%
#75 of 76 Bottom 2.6% in 3B-5B tier
75
Deposit Growth Rate
growth
Value: -10.94%
Peer Avg: 8.84%
#75 of 76 Bottom 2.6% in 3B-5B tier
75
Net Charge-Off Rate
risk
Value: 2.14%
Peer Avg: 0.64%
#75 of 76 Bottom 2.6% in 3B-5B tier
75
Net Worth Ratio
risk
Value: 7.97%
Peer Avg: 10.75%
#75 of 76 Bottom 2.6% in 3B-5B tier
74
Member Growth Rate
growth
Value: -4.92%
Peer Avg: 7.02%
#74 of 76 Bottom 3.9% in 3B-5B tier
74
AMR Growth Rate
growth
Value: -8.93%
Peer Avg: 2.07%
#74 of 76 Bottom 3.9% in 3B-5B tier
74
Average Member Relationship (AMR)
engagement
Value: $15,609
Peer Avg: $29,088
#74 of 76 Bottom 3.9% in 3B-5B tier