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BELLCO

Charter #68437 · CO

Large 7B-10B
28 CUs in 7B-10B nationally 1 in CO
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BELLCO has 3 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 37.5% in tier
  • + Members Per Employee (MPE): Top 0.1% in tier
  • + First Mortgage Concentration (%): Top 7.1% in tier

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 4.7% in tier
  • - Liquidity Strain: Bottom 13.6% in tier
  • - Institutional Decline: Bottom 30.3% in tier
  • - Stagnation Risk: Bottom 92.2% in tier
  • - Membership Headwinds: Bottom 92.2% in tier
  • - Flatlined Growth: Bottom 93.8% in tier
  • - ROA 0.31% below tier average
  • - Delinquency rate 0.68% above tier average

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 28 credit unions with $7B-$10B in assets nationally, and 1 of 1 that size in Colorado.
  • Shares and deposits +3.7% year over year ($7.10B in shares and deposits).
  • Membership: 360,569 members, -3.0% vs a year ago.
  • Delinquency rate 1.47%.
  • Return on assets 0.72%.
  • Efficiency ratio 61.57% vs a 66.07% peer average.
  • Loan-to-share ratio 98.29% vs a 81.29% 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 (CO) National Avg Tier Percentile
Members 360,569
-3.0% YoY+2.4% QoQ
-78.3K 438,885
-1.1% YoY
46,494
+29.3% YoY
34,678
+6.6% YoY
21%
Assets $8.5B
+0.2% YoY-0.9% QoQ
$-370.3M $8.9B
+0.0% YoY
$894.3M
+37.1% YoY
$593.1M
+10.2% YoY
29%
Loans $7.0B
-1.6% YoY+1.6% QoQ
+$766.2M $6.2B
-0.6% YoY
$702.2M
+37.3% YoY
$418.6M
+10.1% YoY
68%
Deposits $7.1B
+3.7% YoY+1.4% QoQ
$-552.6M $7.7B
+2.7% YoY
$750.1M
+37.6% YoY
$504.8M
+10.3% YoY
18%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.7%
-6.8% YoY+1.4% QoQ
-0.3% 1.0%
+4.7% YoY
0.7%
+37.8% YoY
1.2%
+121.4% YoY
25%
NIM 2.7%
+0.3% YoY-1.0% QoQ
-0.4% 3.1%
+6.6% YoY
3.5%
+0.2% YoY
3.8%
+2.3% YoY
21%
Efficiency Ratio 61.6%
+7.9% YoY+3.6% QoQ
-4.5% 66.1%
+1.6% YoY
79.8%
-0.6% YoY
83.0%
-5.3% YoY
36%
Delinquency Rate 1.5%
+160.2% YoY+255.9% QoQ
+0.7 0.8%
+23.1% YoY
0.8%
-1.8% YoY
1.3%
+2.6% YoY
Bottom 7.1% in tier
Loan To Share 98.3%
-5.1% YoY+0.2% QoQ
+17.0% 81.3%
-3.8% YoY
72.6%
-0.3% YoY
66.4%
-1.4% YoY
Top 14.3% in tier
AMR $39,066
+4.1% YoY-0.8% QoQ
+$2K $37,279
+8.1% YoY
$24,334
+6.4% YoY
$20,028
-0.9% YoY
75%
CD Concentration 31.2%
-1.4% YoY+2.3% QoQ
+2.9% 28.3% 27.0% 20.0% 61%
Indirect Auto % 14.3%
+2.1% YoY+5.4% QoQ
-2.6% 16.8% 12.3% 7.7% 44%

Signature Analysis

Strengths (1)

Relationship Depth Leader

growth
#12 of 16 • Top 37.5% in tier

Top-tier average member relationship within peer group, with stable or growing engagement. Strong wallet share positioning.

Why This Signature
AMR Growth (YoY): 4.12%
(Tier: 4.16%, National: 35.20%)
but worse than tier avg
Share Draft per Member: $3.4K
(Tier: $3.3K, National: $2.1K)
better than tier avg
16 of 67 Large CUs have this signature | 354 nationally
→ Stable (12→16 CUs) +4 CUs YoY

Concerns (6)

Credit Quality Pressure

risk
#3 of 33 • Bottom 4.7% in tier

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

Why This Signature
Delinquency Change (YoY): 0.91% points
(Tier: 0.07% points, National: 0.08% points)
worse than tier avg
33 of 67 Large CUs have this signature | 962 nationally
→ Stable (37→33 CUs) -4 CUs YoY | New qualifier

Stagnation Risk

risk
#2 of 13 • Bottom 92.2% 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): -2.98%
(Tier: 4.24%, National: 15.67%)
worse than tier avg
Loan Growth (YoY): -1.57%
(Tier: 7.79%, National: 78.26%)
worse than tier avg
Delinquency Rate: 1.47%
(Tier: 0.79%, National: 1.26%)
worse than tier avg
13 of 67 Large CUs have this signature | 653 nationally
→ Stable (11→13 CUs) +2 CUs YoY | Rank improving

Membership Headwinds

decline
#6 of 13 • Bottom 92.2% in tier

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

Why This Signature
Member Growth (YoY): -2.98%
(Tier: 4.24%, National: 15.67%)
worse than tier avg
13 of 67 Large CUs have this signature | 653 nationally
→ Stable (11→13 CUs) +2 CUs YoY

Institutional Decline

decline
#2 of 3 • Bottom 30.3% in tier

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

Why This Signature
Total Assets: $8.55B
(Tier: $7.12B, National: $593.11M)
but better than tier avg
Member Growth (YoY): -2.98%
(Tier: 4.24%, National: 15.67%)
worse than tier avg
Loan Growth (YoY): -1.57%
(Tier: 7.79%, National: 78.26%)
worse than tier avg
3 of 67 Large CUs have this signature | 261 nationally
→ Stable (5→3 CUs) -2 CUs YoY | New qualifier

Liquidity Strain

risk
#15 of 28 • Bottom 13.6% in tier

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

Why This Signature
Loan-to-Share Ratio: 98.29%
(Tier: 84.03%, National: 66.39%)
but better than tier avg
Loan Growth (YoY): -1.57%
(Tier: 7.79%, National: 78.26%)
worse than tier avg
28 of 67 Large CUs have this signature | 432 nationally
→ Stable (27→28 CUs) +1 CUs YoY | Rank worsening

Flatlined Growth

risk
#3 of 3 • Bottom 93.8% in tier

Asset growth stalled (-2% to +2%) despite healthy profitability (>0.25% ROA). Suggests untapped opportunity or strategic drift worth investigating.

Why This Signature
Asset Growth (YoY): 0.20%
(Tier: 8.71%, National: 3.30%)
worse than tier avg
Return on Assets: 0.72%
(Tier: 0.96%, National: 1.23%)
worse than tier avg
3 of 67 Large CUs have this signature | 57 nationally
→ Stable (1→3 CUs) +2 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 28 peers in tier

Top Strengths (5 metrics)

1
Members Per Employee (MPE)
engagement
Value: 681.605
Peer Median: 394.254
#1 of 28 Top 0.1% in 7B-10B tier
3
First Mortgage Concentration (%)
balance_sheet
Value: 16.72%
Peer Median: 37.58%
#3 of 28 Top 7.1% in 7B-10B tier
4
Loan-to-Share Ratio
balance_sheet
Value: 98.29%
Peer Median: 83.58%
#4 of 28 Top 10.7% in 7B-10B tier
6
Loan-to-Member Ratio (LMR)
engagement
Value: $19,364
Peer Median: $13,051
#6 of 28 Top 17.9% in 7B-10B tier
7
Average Member Relationship (AMR)
engagement
Value: $39,066
Peer Median: $31,495
#7 of 28 Top 21.4% in 7B-10B tier

Top Weaknesses (9 metrics)

27
Total Delinquency Rate (60+ days)
risk
Value: 1.47%
Peer Median: 0.71%
#27 of 28 Bottom 7.1% in 7B-10B tier
26
Fee Income Per Member
profitability
Value: $125.92
Peer Median: $206.85
#26 of 28 Bottom 10.7% in 7B-10B tier
26
Loan Growth Rate
growth
Value: -1.57%
Peer Median: 4.76%
#26 of 28 Bottom 10.7% in 7B-10B tier
25
Asset Growth Rate
growth
Value: 0.20%
Peer Median: 4.49%
#25 of 28 Bottom 14.3% in 7B-10B tier
25
Net Worth Ratio
risk
Value: 10.25%
Peer Median: 11.61%
#25 of 28 Bottom 14.3% in 7B-10B tier
24
Member Growth Rate
growth
Value: -2.98%
Peer Median: 2.28%
#24 of 28 Bottom 17.9% in 7B-10B tier
23
Total Deposits
balance_sheet
Value: $7.10B
Peer Median: $7.79B
#23 of 28 Bottom 21.4% in 7B-10B tier
22
Net Interest Margin (NIM)
profitability
Value: 2.71%
Peer Median: 3.12%
#22 of 28 Bottom 25.0% in 7B-10B tier
22
Total Members
engagement
Value: 360,569
Peer Median: 451,813
#22 of 28 Bottom 25.0% in 7B-10B tier
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