MUTUAL SECURITY

Charter #68479 | CT

100M-500M (1077 CUs) Micro
16 100M-500M in CT

MUTUAL SECURITY has 4 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 28.4% in tier
  • + Relationship Depth Leader: Top 31.8% in tier
  • + Loan-to-Share Ratio: Top 2.6% in tier
  • + Total Loans: Top 4.5% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 4.1% in tier
  • - Liquidity Strain: Bottom 13.0% in tier
  • - Credit Quality Pressure: Bottom 19.7% in tier
  • - Membership Headwinds: Bottom 20.7% in tier
  • - Stagnation Risk: Bottom 26.3% in tier
  • - Indirect Auto Dependency: Bottom 30.4% in tier
  • - Flatlined Growth: Bottom 49.5% in tier
  • - ROA 0.48% below tier average
  • - Efficiency ratio 10.68% above tier (higher cost structure)
  • - First Mortgage Concentration (%): Bottom 7.8% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
Members 26,388
-1.8% YoY-0.2% QoQ
 +10.8K 15,628
-3.4% YoY
 13,754
+3.9% YoY
 33,089
+6.1% YoY
 Top 10.7% in tier
Assets $358.8M
+1.4% YoY-0.8% QoQ
 +$127.5M $231.3M
-0.0% YoY
 $223.0M
+8.2% YoY
 $547.7M
+7.8% YoY
 Top 16.7% in tier
Loans $315.2M
+0.4% YoY+0.9% QoQ
 +$167.4M $147.8M
-1.4% YoY
 $129.0M
+9.8% YoY
 $388.7M
+8.6% YoY
 Top 4.6% in tier
Deposits $315.7M
+0.9% YoY-1.1% QoQ
 +$115.4M $200.3M
-0.0% YoY
 $195.5M
+7.9% YoY
 $464.6M
+9.3% YoY
 Top 15.5% in tier
ROA 0.3%
-10.0% YoY-23.2% QoQ
 -0.5% 0.8%
+15.5% YoY
 0.4%
-140.5% YoY
 0.7%
+273.4% YoY
 Bottom 18.9% in tier
NIM 3.5%
+10.8% YoY+1.2% QoQ
 -0.1% 3.6%
+6.9% YoY
 3.6%
+5.0% YoY
 3.7%
+5.0% YoY
 46th in tier
Efficiency Ratio 88.0%
+0.6% YoY+2.3% QoQ
 +10.7% 77.3%
-3.0% YoY
 85.8%
+0.7% YoY
 79.1%
-3.3% YoY
 Top 14.8% in tier
Delinquency Rate 0.4%
+29.5% YoY+14.9% QoQ
 -0.4 0.9%
+7.6% YoY
 1.2%
+0.2% YoY
 1.2%
-0.9% YoY
 32nd in tier
Loan To Share 99.9%
-0.5% YoY+2.0% QoQ
 +27.2% 72.7%
-1.5% YoY
 56.5%
+1.7% YoY
 68.0%
-1.7% YoY
 Top 2.7% in tier
AMR $23,909
+2.5% YoY+0.1% QoQ
 $-454 $24,363
+2.9% YoY
 $16,763
+4.9% YoY
 $19,418
+1.3% YoY
 60th in tier
CD Concentration 27.1%
-0.9% YoY+2.1% QoQ
 +2.7% 24.4%
+4.2% YoY
 14.4%
+16.9% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 15.9%
-16.1% YoY-3.1% QoQ
 +1.9% 14.0%
-5.8% YoY
 5.3%
-6.5% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Wallet Share Momentum

growth
#784 of 1006 • Top 28.4% in tier

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

Why This Signature
AMR Growth (YoY): 2.54%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Relationship Depth Leader

growth
#877 of 1006 • Top 31.8% in tier

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

Why This Signature
AMR Growth (YoY): 2.54%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.2K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Concerns (7)

Efficiency Drag

risk
#74 of 521 • Bottom 4.1% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 87.96%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): -0.03% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -1.85%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 1077 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank improving

Liquidity Strain

risk
#102 of 258 • Bottom 13.0% in tier

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

Why This Signature
Loan-to-Share Ratio: 99.86%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 0.42%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
258 of 1077 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#487 of 736 • Bottom 19.7% in tier

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

Why This Signature
Delinquency Change (YoY): 0.10% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 1077 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank improving

Membership Headwinds

decline
#341 of 550 • Bottom 20.7% in tier

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

Why This Signature
Member Growth (YoY): -1.85%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Stagnation Risk

risk
#434 of 550 • Bottom 26.3% 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: 0.31%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -1.85%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $23.9K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 27.11%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY

Indirect Auto Dependency

risk
#489 of 525 • Bottom 30.4% in tier

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

Why This Signature
Asset Growth (YoY): 1.40%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 15.89%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -1.85%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 1077 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank worsening

Flatlined Growth

risk
#52 of 58 • Bottom 49.5% in tier

Asset growth has flattened despite healthy profitability. May indicate a need to reassess growth strategy.

Why This Signature
Total Assets: $358.77M
(Tier: $231.30M, National: $547.69M)
but better than tier avg
Asset Growth (YoY): 1.40%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Return on Assets: 0.31%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
58 of 1077 Community CUs have this signature | 82 nationally
↑ Growing +10 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 1077 peers in tier

Top Strengths (6 metrics)

29
Loan-to-Share Ratio
balance_sheet
Value: 99.86%
Peer Avg: 72.70%
#29 of 1077 Top 2.6% in 100M-500M tier
50
Total Loans
balance_sheet
Value: $315.24M
Peer Avg: $147.80M
#50 of 1077 Top 4.5% in 100M-500M tier
115
Total Members
engagement
Value: 26,388
Peer Avg: 15,628
#115 of 1077 Top 10.6% in 100M-500M tier
167
Total Deposits
balance_sheet
Value: $315.67M
Peer Avg: $200.29M
#167 of 1077 Top 15.4% in 100M-500M tier
180
Total Assets
balance_sheet
Value: $358.77M
Peer Avg: $231.30M
#180 of 1077 Top 16.6% in 100M-500M tier
260
Loan-to-Member Ratio (LMR)
engagement
Value: $11,946
Peer Avg: $10,245
#260 of 1077 Top 24.0% in 100M-500M tier

Top Weaknesses (4 metrics)

994
First Mortgage Concentration (%)
balance_sheet
Value: 56.68%
Peer Avg: 30.43%
#994 of 1077 Bottom 7.8% in 100M-500M tier
927
Net Worth Ratio
risk
Value: 9.08%
Peer Avg: 12.15%
#927 of 1077 Bottom 14.0% in 100M-500M tier
919
Efficiency Ratio
profitability
Value: 87.96%
Peer Avg: 77.28%
#919 of 1077 Bottom 14.8% in 100M-500M tier
873
Return on Assets (ROA)
profitability
Value: 0.31%
Peer Avg: 0.79%
#873 of 1077 Bottom 19.0% in 100M-500M tier