MERCED SCHOOL EMPLOYEES

Charter #9119 | CA

750M-1B (112 CUs) Community (281 CUs)
15 750M-1B in CA

MERCED SCHOOL EMPLOYEES has 4 strengths but faces 5 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 19.4% in tier
  • + Relationship Depth Leader: Top 23.0% in tier
  • + Wallet Share Momentum: Top 26.5% in tier
  • + ROA 0.43% above tier average

Key Concerns

Areas that may need attention

  • - Indirect Auto Dependency: Bottom 7.2% in tier
  • - Credit Quality Pressure: Bottom 11.4% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 1.8% in tier
  • - Loan-to-Share Ratio: Bottom 2.7% in tier
  • - Total Loans: Bottom 2.7% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (CA) National Avg Tier Percentile
Members 50,449
+2.1% YoY+0.9% QoQ
 -1.7K 52,114
-2.1% YoY
 59,606
+5.7% YoY
 33,089
+6.1% YoY
 46th in tier
Assets $853.9M
+8.8% YoY+1.5% QoQ
 $-5.1M $859.0M
+0.0% YoY
 $1.2B
+6.2% YoY
 $547.7M
+7.8% YoY
 46th in tier
Loans $312.3M
-0.9% YoY-0.4% QoQ
 $-291.0M $603.4M
+1.0% YoY
 $845.5M
+7.1% YoY
 $388.7M
+8.6% YoY
 Bottom 1.8% in tier
Deposits $755.7M
+7.7% YoY+1.0% QoQ
 +$21.5M $734.2M
+0.9% YoY
 $1.0B
+8.8% YoY
 $464.6M
+9.3% YoY
 63rd in tier
ROA 1.1%
+24.4% YoY+1.4% QoQ
 +0.4% 0.7%
+27.6% YoY
 0.6%
+30.0% YoY
 0.7%
+273.4% YoY
 Top 21.4% in tier
NIM 3.0%
+9.3% YoY+1.4% QoQ
 -0.3% 3.4%
+9.6% YoY
 3.3%
+6.5% YoY
 3.7%
+5.0% YoY
 27th in tier
Efficiency Ratio 64.0%
-6.8% YoY-0.8% QoQ
 -10.5% 74.5%
-3.2% YoY
 79.3%
-6.2% YoY
 79.1%
-3.3% YoY
 Bottom 18.8% in tier
Delinquency Rate 0.6%
+80.3% YoY-18.1% QoQ
 -0.2 0.8%
+5.0% YoY
 0.7%
-38.7% YoY
 1.2%
-0.9% YoY
 44th in tier
Loan To Share 41.3%
-7.9% YoY-1.4% QoQ
 -41.3% 82.7%
+0.1% YoY
 68.8%
-1.5% YoY
 68.0%
-1.7% YoY
 Bottom 1.8% in tier
AMR $21,171
+2.9% YoY-0.3% QoQ
 $-7K $28,651
+2.5% YoY
 $28,514
+2.8% YoY
 $19,418
+1.3% YoY
 Bottom 25.0% in tier
CD Concentration 25.3%
+24.4% YoY+6.1% QoQ
 +0.9% 24.4%
+4.2% YoY
 21.7%
+4.2% YoY
 19.6%
+6.2% YoY
 53rd in tier
Indirect Auto % 30.1%
-8.2% YoY-2.6% QoQ
 +16.2% 14.0%
-5.8% YoY
 9.5%
-6.9% YoY
 7.9%
-2.9% YoY
 Top 17.2% in tier

Signature Analysis

Strengths (3)

Organic Growth Engine

growth
#356 of 603 • Top 19.4% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 2.05%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 1.14%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Indirect Auto %: 30.12%
(Tier: 13.96%, National: 7.90%)
but worse than tier avg
603 of 281 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | Rank improving

Relationship Depth Leader

growth
#634 of 1006 • Top 23.0% in tier

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

Why This Signature
AMR Growth (YoY): 2.91%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.9K
(Tier: $2.8K, National: $2.0K)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Wallet Share Momentum

growth
#731 of 1006 • Top 26.5% in tier

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

Why This Signature
AMR Growth (YoY): 2.91%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Concerns (2)

Indirect Auto Dependency

risk
#117 of 525 • Bottom 7.2% in tier

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

Why This Signature
Asset Growth (YoY): 8.77%
(Tier: 4.61%, National: 3.04%)
but better than tier avg
Indirect Auto %: 30.12%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 2.05%
(Tier: 0.88%, National: 9.37%)
but better than tier avg
525 of 281 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank improving

Credit Quality Pressure

risk
#283 of 736 • Bottom 11.4% in tier

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

Why This Signature
Delinquency Change (YoY): 0.27% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 281 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank improving

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 112 peers in tier

Top Strengths (4 metrics)

22
Efficiency Ratio
profitability
Value: 64.01%
Peer Avg: 74.52%
#22 of 112 Top 18.8% in 750M-1B tier
22
Asset Growth Rate
growth
Value: 8.77%
Peer Avg: 4.25%
#22 of 112 Top 18.8% in 750M-1B tier
24
Return on Assets (ROA)
profitability
Value: 1.14%
Peer Avg: 0.71%
#24 of 112 Top 20.5% in 750M-1B tier
29
Deposit Growth Rate
growth
Value: 7.66%
Peer Avg: 5.03%
#29 of 112 Top 25.0% in 750M-1B tier

Top Weaknesses (5 metrics)

111
Loan-to-Member Ratio (LMR)
engagement
Value: $6,191
Peer Avg: $12,810
#111 of 112 Bottom 1.8% in 750M-1B tier
110
Loan-to-Share Ratio
balance_sheet
Value: 41.33%
Peer Avg: 82.66%
#110 of 112 Bottom 2.7% in 750M-1B tier
110
Total Loans
balance_sheet
Value: $312.33M
Peer Avg: $603.36M
#110 of 112 Bottom 2.7% in 750M-1B tier
89
Indirect Auto Concentration (%)
balance_sheet
Value: 30.12%
Peer Avg: 16.60%
#89 of 112 Bottom 21.4% in 750M-1B tier
88
Loan Growth Rate
growth
Value: -0.85%
Peer Avg: 4.84%
#88 of 112 Bottom 22.3% in 750M-1B tier