Varex

SALT LAKE CITY, UT · 1 · Charter #24773 · www.varexfederalcu.net
Micro (<$50M)Reporting period: Q4 2025Peer group: 1,972 CUs

Performance vs peers

Percentile rank within the Micro (<$50M) peer group (1,972 credit unions). Higher percentile = stronger relative to peers (lower is better for rates like delinquency).

Size

Total assets
$16.8M
57th percentile
Members
1,162
42th percentile
Total loans
$9.7M
64th percentile
Total shares
$13.7M
56th percentile

Profitability

Return on assets
0.75%
48th percentile
Net interest margin
3.33%
28th percentile
Efficiency ratio
64.54%
55th percentile
Non-interest income ratio
6.62%
39th percentile

Capital & Risk

Net worth ratio
18.48%
68th percentile
Delinquency rate
0.12%
76th percentile
Net charge-off rate
0.14%
57th percentile
Loan-to-share
70.63%
64th percentile

Growth

Member growth YoY
-3.09%
32th percentile
Asset growth YoY
6.55%
82th percentile
Loan growth YoY
-4.78%
43th percentile
Share growth YoY
7.45%
85th percentile

Operations

Members / branch
1,162
53th percentile
Assets / member
$14,478
83th percentile
Field of membership penetration
38.73%
53th percentile

Trend

Quarterly history for the last 5 quarters.

Total assets

Members

Net worth ratio

Return on assets

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