Esl Federal Credit Union (24563), a $9.9B credit union headquartered in Rochester, NY, led by CEO Masood, reported $4.3B in outstanding loans at the end of 2025 Q3, an increase of $119.0M (+2.8%) compared to the same quarter last year.
The credit union's 75.0% loan-to-share ratio represents a balanced approach to asset-liability management. With 298,406 loans outstanding to 462,162 members, the average loan balance stands at $14K.
At a high level: growth optionality is constrained but liquidity remains adequate.
Portfolio Composition
Esl Federal Credit Union's loan portfolio is dominated by Indirect Loans, comprising 35.1% of total loans. This diversified approach balances risk across multiple loan categories.
Loan Portfolio Breakdown
| Loan Type | Balance | % of Portfolio |
|---|---|---|
| Indirect Loans | $1.5B | 35.1% |
| Business Loans | $1.1B | 26.7% |
| Used Vehicles | $1.1B | 26.0% |
| New Vehicles | $424.5M | 9.9% |
| Other Unsecured | $229.0M | 5.3% |
| Credit Cards | $183.0M | 4.3% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Loan Trends
Moderate loan growth suggests stable demand balanced with prudent underwriting standards.
Quarterly Trend
| Period | Total Loans | QoQ Change | Loan/Share |
|---|---|---|---|
| 2024 Q2 | $4.1B | 70.1% | |
| 2024 Q3 | $4.2B | +3.1% | 73.5% |
| 2024 Q4 | $4.2B | +0.6% | 73.2% |
| 2025 Q1 | $4.2B | -0.2% | 71.9% |
| 2025 Q2 | $4.2B | +0.6% | 72.3% |
| 2025 Q3 | $4.3B | +1.9% | 75.0% |
Source: NCUA 5300 Call Reports
Credit Quality & Risk
Esl Federal Credit Union reports $40.7M in loans delinquent 60+ days, representing a 0.95% delinquency rate. This moderate delinquency rate is consistent with industry norms.
Year-to-date net charge-offs of $29.7M represent a 0.69% annualized loss rate. Charge-off trends should be monitored as economic conditions evolve.
Historical Context: Since the 2008 Crisis
Esl Federal Credit Union's loan portfolio has grown 117% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $2.0B in loans with a 0.72% delinquency rate.
Today's delinquency rate of 0.95% exceeds crisis-era levels, signaling potential stress in the current lending environment.
Peer Comparison
Among 74 credit unions in its $4.9B–$14.8B asset peer group, Esl Federal Credit Union ranks in the 35th percentile for loan growth.
Outlook
Esl Federal Credit Union's loan portfolio trajectory will depend on economic conditions, interest rate movements, and the credit union's ability to compete with banks and fintech lenders for consumer and auto loans.
Esl Federal Credit Union's Q4 2025 results, expected in early 2026, will provide further insight into whether this growth trajectory can be sustained.
Track This Credit Union
Monitor Esl Federal Credit Union's quarterly loan performance, credit quality metrics, and portfolio composition with Finleet Terminal.
Data Sources: NCUA 5300 Call Reports (2025_Q3), NCUA Historical Data (2007-present), Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing 2025_Q3 to same quarter prior year. Peer groups defined as credit unions within 50% asset range. Delinquency rate calculated as loans 60+ days past due divided by total loans. Crisis comparison uses Q3 2008 as baseline.