How To Update Custom Peer Groups With FirstLook Data

FirstLook In Peer Suite

As part of Callahan’s Early Data Program, you now have access to 99% of the industry’s 5300 Call Report data weeks ahead of NCUA’s official release. Previously, this was only available in Peer-to-Peer but after a much-anticipated wait, is now available in Peer+ so you can get a jump start on strategic planning & research in our modern and user-friendly platform.

Unique to Peer Suite, you’ll be able to update your custom peer groups to reflect early data in Peer Suite, which means more accurate peer comparisons even before full data is released – a feature unavailable in Peer Classic.

For example, now when you update your custom peer group cycle to “First Look”, if you’re comparing an institution’s first-quarter performance with other credit unions in the $1-10 billion-asset range, any institutions that have fallen above or below that threshold will no longer appear in your peer group. That means you’ll have a more accurate comparison.

How To Update Custom Peer Groups to Reflect Early Data in Peer Suite

Updating your custom peer groups to include first look data is simple & easy. If you’d like to update your peer groups follow these 3 steps:

Click on your desired custom peer group on the top navigation to open the edit module.
Update the “Cycle” drop down to “First Look”
Click “Save” to see your updated peer groups & start analyzing new data!

Note: Your custom peer group with first look data will display with the clock icon as seen below. Once final data is released, your custom peer group will automatically update with new data and the icon will be removed. There's nothing else to do on your part!