PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Fedex Employees Credit Association

Memphis, TN · Charter 21751

NCUA · 10 branches

Q2 2026

$641.1MAssets
$298.5MLoans
$544.4MShares
$90.7MNet Worth

Executive Summary

  • Earnings: ROA of 0.57%, down 9 bps year over year; NIM at 3.48%.
  • Asset quality: problem loans at 1.04% of loans (-64 bps YoY).
  • Capital: net worth / assets of 14.15%, down 14 bps from a year ago.
  • Funding: loans stand at 54.83% of shares as of Q2 2026.

Return on Assets (YTD, annualized)

0.57%-9 bps YoY

Net Interest Margin (YTD, annualized)

3.48%+18 bps YoY

Efficiency Ratio (YTD, annualized)

70.21%-176 bps YoY

Net Worth / Assets

14.15%-14 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.12%0.11%0.83%0.66%0.52%0.47%0.08%0.57%-9 bps
Return on Equity0.87%0.79%5.86%4.64%3.64%3.32%0.60%4.02%-62 bps
Net Interest Margin2.88%3.08%3.23%3.30%3.34%3.34%3.42%3.48%+18 bps
Efficiency Ratio85.78%84.91%69.74%71.97%73.47%73.09%76.75%70.21%-176 bps
Growth
Asset Growth (YoY)-5.31%-7.36%-2.67%-5.10%0.35%5.36%2.08%2.56%+766 bps
Loan Growth (YoY)-3.63%-2.04%-1.54%-0.62%0.13%-0.21%1.44%1.01%+163 bps
Share Growth (YoY)-4.92%-2.42%-1.90%-1.82%-0.15%2.05%2.66%4.10%+592 bps
Asset Quality
Delinquent Loans / Loans1.60%1.69%1.64%1.67%1.84%1.37%1.20%1.04%-64 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital14.08%14.54%14.08%14.29%14.35%14.06%13.88%14.15%-14 bps
Net Worth / Assets14.08%14.54%14.08%14.29%14.35%14.06%13.88%14.15%-14 bps
Liquidity & Funding
Loans / Shares56.61%57.41%55.65%56.51%56.77%56.14%54.98%54.83%-168 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps