NEXT STEP
Charter #9486 | NY
100M-500M
(1077 CUs)
Micro
($0-$500M)
52 100M-500M in NY
NEXT STEP has 4 strengths but faces 17 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Relationship Depth Leader: Top 17.8% in tier
- + Emerging Performer: Top 29.3% in tier
- + Wallet Share Momentum: Top 30.8% in tier
- + Indirect Auto Concentration (%): Top 0.0% in tier
Key Concerns
Areas that may need attention
- - Credit Quality Pressure: Bottom 4.7% in tier
- - Stagnation Risk: Bottom 10.4% in tier
- - Membership Headwinds: Bottom 13.6% in tier
- - Institutional Decline: Bottom 19.2% in tier
- - Cost Spiral: Bottom 22.6% in tier
- - ROA 0.29% below tier average
- - Efficiency ratio 1.54% above tier (higher cost structure)
- - Delinquency rate 1.86% above tier average
- - Member decline: -3.0% YoY
- - Total Loans: Bottom 1.7% in tier
- - Total Members: Bottom 2.3% in tier
- - Total Delinquency Rate (60+ days): Bottom 2.8% in tier
- - Loan-to-Share Ratio: Bottom 3.1% in tier
- - Total Assets: Bottom 3.6% in tier
- - Fee Income Per Member: Bottom 5.2% in tier
- - Loan Growth Rate: Bottom 6.3% in tier
- - Total Deposits: Bottom 6.9% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (NY) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
4,617
-3.0% YoY+0.3% QoQ
|
-11.0K |
15,628
-3.4% YoY
|
25,964
+5.4% YoY
|
33,089
+6.1% YoY
|
Bottom 2.2% in tier |
| Assets |
$105.6M
+1.3% YoY-2.7% QoQ
|
$-125.7M |
$231.3M
-0.0% YoY
|
$471.3M
+6.4% YoY
|
$547.7M
+7.8% YoY
|
Bottom 3.5% in tier |
| Loans |
$34.0M
-7.7% YoY-2.9% QoQ
|
$-113.8M |
$147.8M
-1.4% YoY
|
$316.5M
+7.1% YoY
|
$388.7M
+8.6% YoY
|
Bottom 1.6% in tier |
| Deposits |
$95.3M
+1.5% YoY-3.0% QoQ
|
$-105.0M |
$200.3M
-0.0% YoY
|
$400.0M
+7.6% YoY
|
$464.6M
+9.3% YoY
|
Bottom 6.8% in tier |
| ROA |
0.5%
-15.8% YoY+42.7% QoQ
|
-0.3% |
0.8%
+15.5% YoY
|
0.9%
+294.0% YoY
|
0.7%
+273.4% YoY
|
32nd in tier |
| NIM |
2.9%
-0.1% YoY+3.2% QoQ
|
-0.7% |
3.6%
+6.9% YoY
|
3.6%
+5.0% YoY
|
3.7%
+5.0% YoY
|
Bottom 15.4% in tier |
| Efficiency Ratio |
78.8%
+8.5% YoY-3.2% QoQ
|
+1.5% |
77.3%
-3.0% YoY
|
80.1%
-6.2% YoY
|
79.1%
-3.3% YoY
|
56th in tier |
| Delinquency Rate |
2.7%
+26.7% YoY+3.1% QoQ
|
+1.9 |
0.9%
+7.6% YoY
|
1.7%
-8.3% YoY
|
1.2%
-0.9% YoY
|
Top 2.8% in tier |
| Loan To Share |
35.7%
-9.1% YoY+0.1% QoQ
|
-37.0% |
72.7%
-1.5% YoY
|
61.5%
-2.3% YoY
|
68.0%
-1.7% YoY
|
Bottom 3.0% in tier |
| AMR |
$28,014
+2.0% YoY-3.3% QoQ
|
+$4K |
$24,363
+2.9% YoY
|
$19,040
-21.7% YoY
|
$19,418
+1.3% YoY
|
Top 23.0% in tier |
| CD Concentration |
17.4%
+38.6% YoY+6.5% QoQ
|
-7.0% |
24.4%
+4.2% YoY
|
15.9%
+8.4% YoY
|
19.6%
+6.2% YoY
|
50th in tier |
| Indirect Auto % | 0.0% | -14.0% |
14.0%
-5.8% YoY
|
2.6%
-3.7% YoY
|
7.9%
-2.9% YoY
|
50th in tier |
Signature Analysis
Strengths (3)
Relationship Depth Leader
growth
#490 of 1006 • Top 17.8% in tier
Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.
Why This Signature
AMR Growth (YoY):
1.95%
(Tier:
3.68%, National:
4.19%)
Share Draft per Member:
$3.9K
(Tier: $2.8K, National: $2.0K)
1006 of 1077 Community CUs have this signature
| 1330 nationally
↑ Growing
+249 CUs YoY
|
New qualifier
Emerging Performer
growth
#551 of 627 • Top 29.3% in tier
Profitable credit union with positive returns. May represent growth potential worth exploring.
Why This Signature
Return on Assets:
0.50%
(Tier:
0.77%, National:
0.71%)
Member Growth (YoY):
-3.00%
(Tier:
0.88%, National:
9.37%)
627 of 1077 Community CUs have this signature
| 852 nationally
↑ Growing
+13 CUs YoY
|
Rank worsening
Wallet Share Momentum
growth
#851 of 1006 • Top 30.8% in tier
Average member relationship growing year-over-year. Members are deepening their engagement.
Why This Signature
AMR Growth (YoY):
1.95%
(Tier:
3.68%, National:
4.19%)
1006 of 1077 Community CUs have this signature
| 1330 nationally
↑ Growing
+249 CUs YoY
|
New qualifier
Concerns (5)
Credit Quality Pressure
risk
#117 of 736 • 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):
0.57% points
(Tier:
0.04% points, National:
0.07% points)
736 of 1077 Community CUs have this signature
| 1002 nationally
↓ Shrinking
-199 CUs YoY
|
New qualifier
Stagnation Risk
risk
#172 of 550 • Bottom 10.4% 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:
0.50%
(Tier:
0.77%, National:
0.71%)
Member Growth (YoY):
-3.00%
(Tier:
0.88%, National:
9.37%)
Avg Member Relationship:
$28.0K
(Tier: $25.0K, National: $19.4K)
CD Concentration:
17.44%
(Tier:
24.41%, National:
19.60%)
550 of 1077 Community CUs have this signature
| 648 nationally
→ Stable (555→550 CUs)
-5 CUs YoY
|
New qualifier
Membership Headwinds
decline
#224 of 550 • Bottom 13.6% in tier
Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.
Why This Signature
Member Growth (YoY):
-3.00%
(Tier:
0.88%, National:
9.37%)
550 of 1077 Community CUs have this signature
| 648 nationally
→ Stable (555→550 CUs)
-5 CUs YoY
|
New qualifier
Institutional Decline
decline
#152 of 256 • Bottom 19.2% in tier
Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.
Why This Signature
Total Assets:
$105.55M
(Tier: $231.30M, National: $547.69M)
Member Growth (YoY):
-3.00%
(Tier:
0.88%, National:
9.37%)
Loan Growth (YoY):
-7.73%
(Tier:
3.64%, National:
36.38%)
256 of 1077 Community CUs have this signature
| 293 nationally
↓ Shrinking
-43 CUs YoY
|
New qualifier
Cost Spiral
risk
#56 of 62 • Bottom 22.6% in tier
Historically lean operator now seeing efficiency ratio rise significantly. Efficiency advantage eroding - early intervention critical.
Why This Signature
Efficiency Ratio Change:
6.20% points
(Tier:
-2.84% points, National:
-1.81% points)
Efficiency Ratio (Prior Year):
-
(Tier: -, National: -)
Total Assets:
$105.55M
(Tier: $231.30M, National: $547.69M)
62 of 1077 Community CUs have this signature
| 80 nationally
↓ Shrinking
-38 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)
Top Strengths (3 metrics)
1
Indirect Auto Concentration (%)
balance_sheet
Value:
0.00%
Peer Avg: 13.34%
#1 of 1077
Top 0.0% in 100M-500M tier
248
Average Member Relationship (AMR)
engagement
Value:
$28,014
Peer Avg: $24,363
#248 of 1077
Top 22.9% in 100M-500M tier
253
First Mortgage Concentration (%)
balance_sheet
Value:
16.21%
Peer Avg: 30.43%
#253 of 1077
Top 23.4% in 100M-500M tier
Top Weaknesses (11 metrics)
1060
Total Loans
balance_sheet
Value:
$34.03M
Peer Avg: $147.80M
#1060 of 1077
Bottom 1.7% in 100M-500M tier
1053
Total Members
engagement
Value:
4,617
Peer Avg: 15,628
#1053 of 1077
Bottom 2.3% in 100M-500M tier
1048
Total Delinquency Rate (60+ days)
risk
Value:
2.72%
Peer Avg: 0.86%
#1048 of 1077
Bottom 2.8% in 100M-500M tier
1045
Loan-to-Share Ratio
balance_sheet
Value:
35.71%
Peer Avg: 72.70%
#1045 of 1077
Bottom 3.1% in 100M-500M tier
1039
Total Assets
balance_sheet
Value:
$105.55M
Peer Avg: $231.30M
#1039 of 1077
Bottom 3.6% in 100M-500M tier
1022
Fee Income Per Member
profitability
Value:
$69.06
Peer Avg: $174.31
#1022 of 1077
Bottom 5.2% in 100M-500M tier
1010
Loan Growth Rate
growth
Value:
-7.73%
Peer Avg: 3.45%
#1010 of 1077
Bottom 6.3% in 100M-500M tier
1004
Total Deposits
balance_sheet
Value:
$95.31M
Peer Avg: $200.29M
#1004 of 1077
Bottom 6.9% in 100M-500M tier
911
Net Interest Margin (NIM)
profitability
Value:
2.89%
Peer Avg: 3.58%
#911 of 1077
Bottom 15.5% in 100M-500M tier
885
Member Growth Rate
growth
Value:
-3.00%
Peer Avg: 0.72%
#885 of 1077
Bottom 17.9% in 100M-500M tier