SEATTLE METROPOLITAN

Charter #68315 | WA

1B-3B (304 CUs) Mid-Market (380 CUs)
9 1B-3B in WA

SEATTLE METROPOLITAN has 7 strengths but faces 11 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 0.7% in tier
  • + Wallet Share Momentum: Top 2.1% in tier
  • + Emerging Performer: Top 33.5% in tier
  • + Net Interest Margin 0.80% above tier average
  • + AMR Growth Rate: Top 3.9% in tier
  • + Loan-to-Share Ratio: Top 6.6% in tier
  • + Loan-to-Member Ratio (LMR): Top 8.9% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 2.5% in tier
  • - Stagnation Risk: Bottom 8.0% in tier
  • - Liquidity Strain: Bottom 11.3% in tier
  • - Liquidity Overhang: Bottom 33.6% in tier
  • - ROA 0.35% below tier average
  • - Efficiency ratio 1.37% above tier (higher cost structure)
  • - Member decline: -10.2% YoY
  • - Member Growth Rate: Bottom 3.3% in tier
  • - Total Deposits: Bottom 4.9% in tier
  • - Net Charge-Off Rate: Bottom 5.6% in tier
  • - Total Members: Bottom 6.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Members 50,628
-10.2% YoY-8.0% QoQ
 -48.1K 98,678
-1.9% YoY
 65,720
+2.5% YoY
 33,089
+6.1% YoY
 Bottom 6.6% in tier
Assets $1.1B
-0.1% YoY-0.5% QoQ
 $-627.6M $1.7B
+0.5% YoY
 $1.2B
+3.7% YoY
 $547.7M
+7.8% YoY
 Bottom 10.9% in tier
Loans $916.6M
+2.4% YoY+0.4% QoQ
 $-316.5M $1.2B
+0.5% YoY
 $909.1M
+5.1% YoY
 $388.7M
+8.6% YoY
 29th in tier
Deposits $879.7M
+1.6% YoY+0.5% QoQ
 $-574.6M $1.5B
+1.3% YoY
 $1.0B
+6.5% YoY
 $464.6M
+9.3% YoY
 Bottom 4.6% in tier
ROA 0.4%
-213.2% YoY+27.4% QoQ
 -0.4% 0.7%
+13.4% YoY
 0.6%
+9.9% YoY
 0.7%
+273.4% YoY
 Bottom 19.1% in tier
NIM 4.1%
+10.4% YoY+1.4% QoQ
 +0.8% 3.3%
+9.3% YoY
 3.7%
+4.7% YoY
 3.7%
+5.0% YoY
 Top 8.9% in tier
Efficiency Ratio 75.3%
-6.4% YoY-1.1% QoQ
 +1.4% 74.0%
-10.9% YoY
 76.4%
-1.1% YoY
 79.1%
-3.3% YoY
 54th in tier
Delinquency Rate 0.8%
-9.8% YoY+20.4% QoQ
 -0.0 0.8%
+6.1% YoY
 0.9%
-2.6% YoY
 1.2%
-0.9% YoY
 59th in tier
Loan To Share 104.2%
+0.8% YoY-0.0% QoQ
 +19.0% 85.2%
-0.8% YoY
 76.9%
-2.2% YoY
 68.0%
-1.7% YoY
 Top 6.9% in tier
AMR $35,481
+13.6% YoY+9.2% QoQ
 +$6K $29,172
+2.8% YoY
 $28,761
+2.7% YoY
 $19,418
+1.3% YoY
 Top 14.8% in tier
CD Concentration 23.2%
+15.6% YoY+2.8% QoQ
 -5.8% 29.0%
+0.8% YoY
 22.3%
+2.5% YoY
 19.6%
+6.2% YoY
 Bottom 23.7% in tier
Indirect Auto % 7.1%
-13.1% YoY-4.3% QoQ
 -11.7% 18.8%
-2.8% YoY
 17.1%
-8.4% YoY
 7.9%
-2.9% YoY
 28th in tier

Signature Analysis

Strengths (3)

Relationship Depth Leader

growth
#6 of 264 • Top 0.7% in tier

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

Why This Signature
AMR Growth (YoY): 13.60%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $4.8K
(Tier: $3.1K, National: $2.0K)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Wallet Share Momentum

growth
#16 of 264 • Top 2.1% in tier

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

Why This Signature
AMR Growth (YoY): 13.60%
(Tier: 3.04%, National: 4.19%)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Emerging Performer

growth
#178 of 184 • Top 33.5% in tier

Profitable credit union with positive returns. May represent growth potential worth exploring.

Why This Signature
Return on Assets: 0.35%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): -10.22%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | New qualifier

Concerns (4)

Membership Headwinds

decline
#7 of 85 • Bottom 2.5% in tier

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

Why This Signature
Member Growth (YoY): -10.22%
(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

Stagnation Risk

risk
#20 of 85 • Bottom 8.0% 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: 0.35%
(Tier: 0.71%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -10.22%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $35.5K
(Tier: $29.2K, National: $19.4K)
but better than tier avg
CD Concentration: 23.19%
(Tier: 28.98%, National: 19.60%)
but better than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | New qualifier

Liquidity Strain

risk
#60 of 183 • Bottom 11.3% in tier

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

Why This Signature
Loan-to-Share Ratio: 104.19%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 2.39%
(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

Liquidity Overhang

risk
#109 of 113 • Bottom 33.6% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 12.44%
(Tier: 11.30%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 104.19%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
113 of 380 Mid-Market CUs have this signature | 691 nationally
↑ Growing +9 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 304 peers in tier

Top Strengths (5 metrics)

13
AMR Growth Rate
growth
Value: 13.60%
Peer Avg: 3.29%
#13 of 304 Top 3.9% in 1B-3B tier
21
Loan-to-Share Ratio
balance_sheet
Value: 104.19%
Peer Avg: 85.19%
#21 of 304 Top 6.6% in 1B-3B tier
27
Net Interest Margin (NIM)
profitability
Value: 4.06%
Peer Avg: 3.26%
#27 of 304 Top 8.6% in 1B-3B tier
28
Loan-to-Member Ratio (LMR)
engagement
Value: $18,105
Peer Avg: $13,213
#28 of 304 Top 8.9% in 1B-3B tier
45
Average Member Relationship (AMR)
engagement
Value: $35,481
Peer Avg: $29,172
#45 of 304 Top 14.5% in 1B-3B tier

Top Weaknesses (9 metrics)

295
Member Growth Rate
growth
Value: -10.22%
Peer Avg: 2.20%
#295 of 304 Bottom 3.3% in 1B-3B tier
290
Total Deposits
balance_sheet
Value: $879.72M
Peer Avg: $1.45B
#290 of 304 Bottom 4.9% in 1B-3B tier
288
Net Charge-Off Rate
risk
Value: 1.38%
Peer Avg: 0.60%
#288 of 304 Bottom 5.6% in 1B-3B tier
284
Total Members
engagement
Value: 50,628
Peer Avg: 98,678
#284 of 304 Bottom 6.9% in 1B-3B tier
271
Total Assets
balance_sheet
Value: $1.09B
Peer Avg: $1.72B
#271 of 304 Bottom 11.2% in 1B-3B tier
263
Members Per Employee (MPE)
engagement
Value: 281.267
Peer Avg: 364.953
#263 of 304 Bottom 13.8% in 1B-3B tier
248
Asset Growth Rate
growth
Value: -0.06%
Peer Avg: 4.83%
#248 of 304 Bottom 18.8% in 1B-3B tier
246
Return on Assets (ROA)
profitability
Value: 0.35%
Peer Avg: 0.70%
#246 of 304 Bottom 19.4% in 1B-3B tier
233
Deposit Growth Rate
growth
Value: 1.56%
Peer Avg: 5.58%
#233 of 304 Bottom 23.7% in 1B-3B tier