BlastPoint's Credit Union Scorecard

FORMATION

Charter #3061 · LA

2556 CUs in <100M nationally 109 in LA

FORMATION has 5 strengths but faces 3 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + Total Members: Top 0.9% in tier
  • + Total Assets: Top 1.3% in tier
  • + Total Deposits: Top 1.5% in tier
  • + Total Loans: Top 1.7% in tier

Key Concerns

Areas that may need attention

  • - ROA 0.94% below tier average
  • - Efficiency ratio 4.76% above tier (higher cost structure)
  • - Delinquency rate 0.22% above tier average

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (LA) National Avg Tier Percentile
Members 10,635
-1.7% YoY+3.3% QoQ
+8.0K 2,615
-1.9% YoY
9,309
+1.0% YoY
33,374
+5.7% YoY
Top 1.0% in tier
Assets $96.5M
-3.2% YoY-7.5% QoQ
+$66.4M $30.1M
+2.1% YoY
$122.7M
+4.8% YoY
$561.6M
+9.7% YoY
Top 1.4% in tier
Loans $61.5M
-11.5% YoY-4.5% QoQ
+$45.8M $15.8M
-1.3% YoY
$87.2M
+3.5% YoY
$397.0M
+8.8% YoY
Top 1.8% in tier
Deposits $83.4M
-2.8% YoY-8.0% QoQ
+$57.7M $25.7M
+1.4% YoY
$104.9M
+5.6% YoY
$477.3M
+9.7% YoY
Top 1.6% in tier

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA -0.3%
-180.4% YoY-215.4% QoQ
-0.9% 0.6%
+10.8% YoY
0.3%
+12.6% YoY
0.7%
+15.9% YoY
Bottom 10.7% in tier
NIM 3.7%
+1.2% YoY+3.4% QoQ
-0.3% 4.0%
+4.0% YoY
4.2%
+2.9% YoY
3.8%
+5.1% YoY
40%
Efficiency Ratio 87.3%
+1.2% YoY+1.5% QoQ
+4.8% 82.6%
-2.3% YoY
85.6%
-13.2% YoY
79.7%
-3.3% YoY
69%
Delinquency Rate 1.8%
+290.8% YoY+51.9% QoQ
+0.2 1.6%
-3.1% YoY
1.9%
-8.2% YoY
1.3%
-2.1% YoY
76%
Loan To Share 73.8%
-8.9% YoY+3.8% QoQ
+13.2% 60.6%
-3.1% YoY
71.2%
-2.0% YoY
67.4%
-1.7% YoY
69%
AMR $13,624
-5.1% YoY-9.6% QoQ
$-1K $14,783
-1.4% YoY
$13,375
+3.1% YoY
$19,687
+2.0% YoY
49%
CD Concentration 29.5%
+11.4% YoY-5.0% QoQ
+5.1% 24.4% 15.2% 19.8% 50%
Indirect Auto % 0.0% -13.8% 13.8% 5.0% 7.8% 50%

Signature Analysis

Strengths (0)

No strengths identified

Concerns (0)

No concerns identified

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 2556 peers in tier

Top Strengths (6 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Median: -
#1 of 2556 Top 0.0% in <100M tier
25
Total Members
engagement
Value: 10,635
Peer Median: -
#25 of 2556 Top 0.9% in <100M tier
35
Total Assets
balance_sheet
Value: $96.55M
Peer Median: -
#35 of 2556 Top 1.3% in <100M tier
40
Total Deposits
balance_sheet
Value: $83.37M
Peer Median: -
#40 of 2556 Top 1.5% in <100M tier
45
Total Loans
balance_sheet
Value: $61.52M
Peer Median: -
#45 of 2556 Top 1.7% in <100M tier
639
Members Per Employee (MPE)
engagement
Value: 425.400
Peer Median: -
#639 of 2556 Top 25.0% in <100M tier

Top Weaknesses (7 metrics)

2283
Return on Assets (ROA)
profitability
Value: -0.32%
Peer Median: -
#2283 of 2556 Bottom 10.7% in <100M tier
2145
AMR Growth Rate
growth
Value: -5.09%
Peer Median: -
#2145 of 2556 Bottom 16.1% in <100M tier
2134
Loan Growth Rate
growth
Value: -11.50%
Peer Median: -
#2134 of 2556 Bottom 16.5% in <100M tier
2097
Share Certificate Concentration (%)
balance_sheet
Value: 29.52%
Peer Median: -
#2097 of 2556 Bottom 18.0% in <100M tier
2064
Net Charge-Off Rate
risk
Value: 0.87%
Peer Median: -
#2064 of 2556 Bottom 19.3% in <100M tier
2023
Asset Growth Rate
growth
Value: -3.19%
Peer Median: -
#2023 of 2556 Bottom 20.9% in <100M tier
1930
Total Delinquency Rate (60+ days)
risk
Value: 1.77%
Peer Median: -
#1930 of 2556 Bottom 24.5% in <100M tier
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