FORTERA

Charter #9759 | TN

750M-1B (112 CUs) Community (281 CUs)
3 750M-1B in TN

FORTERA has 6 strengths but faces 7 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 19.1% in tier
  • + Wallet Share Momentum: Top 27.9% in tier
  • + Relationship Depth Leader: Top 32.8% in tier
  • + ROA 0.10% above tier average
  • + Net Interest Margin 0.73% above tier average
  • + Total Members: Top 3.6% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 19.6% in tier
  • - Growth-at-Risk: Bottom 20.6% in tier
  • - Credit Quality Pressure: Bottom 22.0% in tier
  • - Indirect Auto Dependency: Bottom 24.8% in tier
  • - Liquidity Overhang: Bottom 35.1% in tier
  • - Efficiency ratio 2.23% above tier (higher cost structure)
  • - Average Member Relationship (AMR): Bottom 6.2% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (TN) National Avg Tier Percentile
Members 83,068
+3.3% YoY+0.6% QoQ
 +31.0K 52,114
-2.1% YoY
 21,139
+4.9% YoY
 33,089
+6.1% YoY
 Top 4.5% in tier
Assets $914.3M
+3.4% YoY+1.2% QoQ
 +$55.3M $859.0M
+0.0% YoY
 $362.5M
+9.5% YoY
 $547.7M
+7.8% YoY
 Top 23.2% in tier
Loans $722.2M
+6.4% YoY+0.9% QoQ
 +$118.8M $603.4M
+1.0% YoY
 $271.1M
+9.1% YoY
 $388.7M
+8.6% YoY
 Top 12.5% in tier
Deposits $773.3M
+5.6% YoY-1.7% QoQ
 +$39.1M $734.2M
+0.9% YoY
 $303.0M
+8.7% YoY
 $464.6M
+9.3% YoY
 72nd in tier
ROA 0.8%
+19.8% YoY+5.0% QoQ
 +0.1% 0.7%
+27.6% YoY
 0.8%
+4.1% YoY
 0.7%
+273.4% YoY
 61st in tier
NIM 4.1%
+5.9% YoY+1.7% QoQ
 +0.7% 3.4%
+9.6% YoY
 3.8%
+5.1% YoY
 3.7%
+5.0% YoY
 Top 10.7% in tier
Efficiency Ratio 76.7%
-0.8% YoY-1.4% QoQ
 +2.2% 74.5%
-3.2% YoY
 75.4%
-1.8% YoY
 79.1%
-3.3% YoY
 49th in tier
Delinquency Rate 0.8%
+9.3% YoY+21.9% QoQ
 -0.0 0.8%
+5.0% YoY
 1.1%
+8.5% YoY
 1.2%
-0.9% YoY
 62nd in tier
Loan To Share 93.4%
+0.8% YoY+2.7% QoQ
 +10.7% 82.7%
+0.1% YoY
 70.4%
-2.4% YoY
 68.0%
-1.7% YoY
 Top 23.2% in tier
AMR $18,003
+2.6% YoY-1.1% QoQ
 $-11K $28,651
+2.5% YoY
 $18,470
+2.4% YoY
 $19,418
+1.3% YoY
 Bottom 5.4% in tier
CD Concentration 32.6%
+2.1% YoY-3.9% QoQ
 +8.2% 24.4%
+4.2% YoY
 22.3%
+6.6% YoY
 19.6%
+6.2% YoY
 Top 21.8% in tier
Indirect Auto % 25.8%
-5.9% YoY-3.7% QoQ
 +11.8% 14.0%
-5.8% YoY
 6.9%
+1.1% YoY
 7.9%
-2.9% YoY
 Top 21.5% in tier

Signature Analysis

Strengths (3)

Organic Growth Engine

growth
#350 of 603 • Top 19.1% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 3.28%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 0.81%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Indirect Auto %: 25.80%
(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 | New qualifier

Wallet Share Momentum

growth
#770 of 1006 • Top 27.9% in tier

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

Why This Signature
AMR Growth (YoY): 2.62%
(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 | Rank worsening

Relationship Depth Leader

growth
#905 of 1006 • Top 32.8% in tier

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

Why This Signature
AMR Growth (YoY): 2.62%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.0K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (5)

Liquidity Strain

risk
#153 of 258 • Bottom 19.6% in tier

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

Why This Signature
Loan-to-Share Ratio: 93.39%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 6.42%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
258 of 281 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | Rank improving

Growth-at-Risk

risk
#310 of 446 • Bottom 20.6% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 6.42%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.07% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 281 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | Rank improving

Credit Quality Pressure

risk
#546 of 736 • Bottom 22.0% in tier

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

Why This Signature
Delinquency Change (YoY): 0.07% 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

Indirect Auto Dependency

risk
#400 of 525 • Bottom 24.8% in tier

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

Why This Signature
Asset Growth (YoY): 3.37%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 25.80%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 3.28%
(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 worsening

Liquidity Overhang

risk
#544 of 552 • Bottom 35.1% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 12.28%
(Tier: 11.95%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 93.39%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
552 of 281 Community CUs have this signature | 691 nationally
↑ Growing +65 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 112 peers in tier

Top Strengths (7 metrics)

5
Total Members
engagement
Value: 83,068
Peer Avg: 52,114
#5 of 112 Top 3.6% in 750M-1B tier
12
Net Interest Margin (NIM)
profitability
Value: 4.10%
Peer Avg: 3.38%
#12 of 112 Top 9.8% in 750M-1B tier
14
Total Loans
balance_sheet
Value: $722.18M
Peer Avg: $603.36M
#14 of 112 Top 11.6% in 750M-1B tier
20
Members Per Employee (MPE)
engagement
Value: 441.851
Peer Avg: 361.634
#20 of 112 Top 17.0% in 750M-1B tier
26
Member Growth Rate
growth
Value: 3.28%
Peer Avg: 1.14%
#26 of 112 Top 22.3% in 750M-1B tier
26
Loan-to-Share Ratio
balance_sheet
Value: 93.39%
Peer Avg: 82.66%
#26 of 112 Top 22.3% in 750M-1B tier
26
Total Assets
balance_sheet
Value: $914.33M
Peer Avg: $859.01M
#26 of 112 Top 22.3% in 750M-1B tier

Top Weaknesses (3 metrics)

106
Average Member Relationship (AMR)
engagement
Value: $18,003
Peer Avg: $28,651
#106 of 112 Bottom 6.2% in 750M-1B tier
95
Loan-to-Member Ratio (LMR)
engagement
Value: $8,694
Peer Avg: $12,810
#95 of 112 Bottom 16.1% in 750M-1B tier
86
Indirect Auto Concentration (%)
balance_sheet
Value: 25.80%
Peer Avg: 16.60%
#86 of 112 Bottom 24.1% in 750M-1B tier