FINEX

Charter #68662 | CT

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

FINEX has 4 strengths but faces 16 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 33.8% in tier
  • + Relationship Depth Leader: Top 35.5% in tier
  • + Net Interest Margin 0.29% above tier average
  • + Members Per Employee (MPE): Top 5.5% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 2.9% in tier
  • - Institutional Decline: Bottom 3.9% in tier
  • - Efficiency Drag: Bottom 7.4% in tier
  • - Stagnation Risk: Bottom 28.8% in tier
  • - Indirect Auto Dependency: Bottom 31.5% in tier
  • - ROA 1.47% below tier average
  • - Efficiency ratio 15.31% above tier (higher cost structure)
  • - Delinquency rate 1.41% above tier average
  • - Member decline: -8.5% YoY
  • - Loan Growth Rate: Bottom 2.5% in tier
  • - Asset Growth Rate: Bottom 2.8% in tier
  • - Average Member Relationship (AMR): Bottom 3.9% in tier
  • - Member Growth Rate: Bottom 4.4% in tier
  • - Total Delinquency Rate (60+ days): Bottom 4.6% in tier
  • - Deposit Growth Rate: Bottom 5.2% in tier
  • - Net Charge-Off Rate: Bottom 5.2% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
Members 16,582
-8.5% YoY-2.1% QoQ
 +953 15,628
-3.4% YoY
 13,754
+3.9% YoY
 33,089
+6.1% YoY
 63rd in tier
Assets $134.1M
-5.9% YoY-3.4% QoQ
 $-97.2M $231.3M
-0.0% YoY
 $223.0M
+8.2% YoY
 $547.7M
+7.8% YoY
 Bottom 22.4% in tier
Loans $95.8M
-11.6% YoY-3.2% QoQ
 $-52.0M $147.8M
-1.4% YoY
 $129.0M
+9.8% YoY
 $388.7M
+8.6% YoY
 32nd in tier
Deposits $117.9M
-3.5% YoY-3.8% QoQ
 $-82.4M $200.3M
-0.0% YoY
 $195.5M
+7.9% YoY
 $464.6M
+9.3% YoY
 Bottom 24.3% in tier
ROA -0.7%
-5.8% YoY+244.3% QoQ
 -1.5% 0.8%
+15.5% YoY
 0.4%
-140.5% YoY
 0.7%
+273.4% YoY
 Bottom 1.5% in tier
NIM 3.9%
+7.6% YoY+3.4% QoQ
 +0.3% 3.6%
+6.9% YoY
 3.6%
+5.0% YoY
 3.7%
+5.0% YoY
 67th in tier
Efficiency Ratio 92.6%
-0.6% YoY-0.2% QoQ
 +15.3% 77.3%
-3.0% YoY
 85.8%
+0.7% YoY
 79.1%
-3.3% YoY
 Top 7.1% in tier
Delinquency Rate 2.3%
-5.8% YoY+11.0% QoQ
 +1.4 0.9%
+7.6% YoY
 1.2%
+0.2% YoY
 1.2%
-0.9% YoY
 Top 4.6% in tier
Loan To Share 81.3%
-8.3% YoY+0.6% QoQ
 +8.6% 72.7%
-1.5% YoY
 56.5%
+1.7% YoY
 68.0%
-1.7% YoY
 67th in tier
AMR $12,886
+1.3% YoY-1.4% QoQ
 $-11K $24,363
+2.9% YoY
 $16,763
+4.9% YoY
 $19,418
+1.3% YoY
 Bottom 3.8% in tier
CD Concentration 13.3%
+5.3% YoY+2.1% QoQ
 -11.1% 24.4%
+4.2% YoY
 14.4%
+16.9% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 16.7%
-29.4% YoY-9.2% QoQ
 +2.7% 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
#933 of 1006 • Top 33.8% in tier

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

Why This Signature
AMR Growth (YoY): 1.31%
(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
#980 of 1006 • Top 35.5% in tier

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

Why This Signature
AMR Growth (YoY): 1.31%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $1.9K
(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 (5)

Membership Headwinds

decline
#49 of 550 • Bottom 2.9% in tier

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

Why This Signature
Member Growth (YoY): -8.51%
(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

Institutional Decline

decline
#32 of 256 • Bottom 3.9% in tier

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

Why This Signature
Total Assets: $134.08M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -8.51%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -11.56%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | Rank improving

Efficiency Drag

risk
#131 of 521 • Bottom 7.4% in tier

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

Why This Signature
Efficiency Ratio: 92.59%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.04% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -8.51%
(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

Stagnation Risk

risk
#474 of 550 • Bottom 28.8% 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: -0.68%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -8.51%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $12.9K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 13.34%
(Tier: 24.41%, National: 19.60%)
but better than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#507 of 525 • Bottom 31.5% in tier

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

Why This Signature
Asset Growth (YoY): -5.91%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 16.68%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -8.51%
(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

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 (2 metrics)

60
Members Per Employee (MPE)
engagement
Value: 502.485
Peer Avg: 332.881
#60 of 1077 Top 5.5% in 100M-500M tier
194
Share Certificate Concentration (%)
balance_sheet
Value: 13.34%
Peer Avg: 23.61%
#194 of 1077 Top 17.9% in 100M-500M tier

Top Weaknesses (13 metrics)

1061
Return on Assets (ROA)
profitability
Value: -0.68%
Peer Avg: 0.79%
#1061 of 1077 Bottom 1.6% in 100M-500M tier
1051
Loan Growth Rate
growth
Value: -11.56%
Peer Avg: 3.45%
#1051 of 1077 Bottom 2.5% in 100M-500M tier
1048
Asset Growth Rate
growth
Value: -5.91%
Peer Avg: 4.70%
#1048 of 1077 Bottom 2.8% in 100M-500M tier
1036
Average Member Relationship (AMR)
engagement
Value: $12,886
Peer Avg: $24,363
#1036 of 1077 Bottom 3.9% in 100M-500M tier
1031
Member Growth Rate
growth
Value: -8.51%
Peer Avg: 0.72%
#1031 of 1077 Bottom 4.4% in 100M-500M tier
1028
Total Delinquency Rate (60+ days)
risk
Value: 2.27%
Peer Avg: 0.86%
#1028 of 1077 Bottom 4.6% in 100M-500M tier
1022
Deposit Growth Rate
growth
Value: -3.54%
Peer Avg: 4.69%
#1022 of 1077 Bottom 5.2% in 100M-500M tier
1022
Net Charge-Off Rate
risk
Value: 1.30%
Peer Avg: 0.47%
#1022 of 1077 Bottom 5.2% in 100M-500M tier
1002
Efficiency Ratio
profitability
Value: 92.59%
Peer Avg: 77.28%
#1002 of 1077 Bottom 7.1% in 100M-500M tier
952
Net Worth Ratio
risk
Value: 8.91%
Peer Avg: 12.15%
#952 of 1077 Bottom 11.7% in 100M-500M tier