BEGINNINGS
Charter #68322 | NY
BEGINNINGS has 5 strengths but faces 7 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Relationship Depth Leader: Top 3.3% in tier
- + Wallet Share Momentum: Top 10.1% in tier
- + Emerging Performer: Top 23.8% in tier
- + ROA 0.06% above tier average
- + Net Interest Margin 0.18% above tier average
Key Concerns
Areas that may need attention
- - Stagnation Risk: Bottom 9.6% in tier
- - Liquidity Overhang: Bottom 9.7% in tier
- - Membership Headwinds: Bottom 19.2% in tier
- - Indirect Auto Dependency: Bottom 21.6% in tier
- - Efficiency ratio 4.07% above tier (higher cost structure)
- - Delinquency rate 0.14% above tier average
- - Member decline: -2.4% YoY
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (NY) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
77,088
-2.4% YoY+0.1% QoQ
|
-21.6K |
98,678
-1.9% YoY
|
25,964
+5.4% YoY
|
33,089
+6.1% YoY
|
36th in tier |
| Assets |
$1.5B
+4.6% YoY+1.1% QoQ
|
$-266.1M |
$1.7B
+0.5% YoY
|
$471.3M
+6.4% YoY
|
$547.7M
+7.8% YoY
|
45th in tier |
| Loans |
$1.1B
+2.7% YoY+1.4% QoQ
|
$-182.2M |
$1.2B
+0.5% YoY
|
$316.5M
+7.1% YoY
|
$388.7M
+8.6% YoY
|
43rd in tier |
| Deposits |
$1.2B
+5.4% YoY+0.8% QoQ
|
$-218.2M |
$1.5B
+1.3% YoY
|
$400.0M
+7.6% YoY
|
$464.6M
+9.3% YoY
|
45th in tier |
| ROA |
0.8%
+45.6% YoY+25.6% QoQ
|
+0.1% |
0.7%
+13.4% YoY
|
0.9%
+294.0% YoY
|
0.7%
+273.4% YoY
|
61st in tier |
| NIM |
3.4%
+1.3% YoY+2.3% QoQ
|
+0.2% |
3.3%
+9.3% YoY
|
3.6%
+5.0% YoY
|
3.7%
+5.0% YoY
|
61st in tier |
| Efficiency Ratio |
78.0%
-5.1% YoY-2.6% QoQ
|
+4.1% |
74.0%
-10.9% YoY
|
80.1%
-6.2% YoY
|
79.1%
-3.3% YoY
|
65th in tier |
| Delinquency Rate |
1.0%
-9.1% YoY-6.1% QoQ
|
+0.1 |
0.8%
+6.1% YoY
|
1.7%
-8.3% YoY
|
1.2%
-0.9% YoY
|
74th in tier |
| Loan To Share |
85.0%
-2.5% YoY+0.6% QoQ
|
-0.2% |
85.2%
-0.8% YoY
|
61.5%
-2.3% YoY
|
68.0%
-1.7% YoY
|
42nd in tier |
| AMR |
$29,667
+6.7% YoY+1.0% QoQ
|
+$495 |
$29,172
+2.8% YoY
|
$19,040
-21.7% YoY
|
$19,418
+1.3% YoY
|
62nd in tier |
| CD Concentration |
25.8%
+31.1% YoY+12.9% QoQ
|
-3.2% |
29.0%
+0.8% YoY
|
15.9%
+8.4% YoY
|
19.6%
+6.2% YoY
|
37th in tier |
| Indirect Auto % |
18.0%
-12.9% YoY-1.9% QoQ
|
-0.8% |
18.8%
-2.8% YoY
|
2.6%
-3.7% YoY
|
7.9%
-2.9% YoY
|
54th in tier |
Signature Analysis
Strengths (3)
Relationship Depth Leader
growthAverage member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.
Wallet Share Momentum
growthAverage member relationship growing year-over-year. Members are deepening their engagement.
Emerging Performer
growthProfitable credit union with positive returns. May represent growth potential worth exploring.
Concerns (4)
Stagnation Risk
riskMembership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.
Liquidity Overhang
riskVery high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.
Membership Headwinds
declineMembership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.
Indirect Auto Dependency
riskSignificant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.
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)