BlastPoint's Credit Union Scorecard

GREAT LAKES FIRST

Charter #6102 · MI

1069 CUs in 100M-500M nationally 68 in MI

GREAT LAKES FIRST has 2 strengths but faces 9 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + ROA 0.06% above tier average
  • + Net Charge-Off Rate: Top 9.6% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 84.0% in tier
  • - Stagnation Risk: Bottom 92.8% in tier
  • - Membership Headwinds: Bottom 97.8% in tier
  • - Efficiency ratio 3.73% above tier (higher cost structure)
  • - Total Assets: Bottom 1.6% in tier
  • - Total Loans: Bottom 2.6% in tier
  • - Total Deposits: Bottom 5.3% in tier
  • - Loan-to-Share Ratio: Bottom 5.9% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 8.9% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 7,440
-0.6% YoY-0.2% QoQ
-8.0K 15,437
-2.9% YoY
35,710
+6.8% YoY
33,374
+5.7% YoY
Bottom 13.7% in tier
Assets $102.3M
+6.4% YoY+2.5% QoQ
$-129.6M $231.9M
+1.3% YoY
$674.6M
+13.3% YoY
$561.6M
+9.7% YoY
Bottom 1.5% in tier
Loans $41.1M
+2.7% YoY+0.8% QoQ
$-106.2M $147.3M
-0.1% YoY
$472.4M
+13.5% YoY
$397.0M
+8.8% YoY
Bottom 2.5% in tier
Deposits $93.2M
+3.7% YoY+2.1% QoQ
$-107.6M $200.8M
+0.8% YoY
$573.0M
+13.1% YoY
$477.3M
+9.7% YoY
Bottom 5.2% in tier

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
AI-generated insights and rankings

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ROA 0.8%
+292.8% YoY+13.7% QoQ
+0.1% 0.8%
+18.2% YoY
0.9%
-8.5% YoY
0.7%
+15.9% YoY
56%
NIM 3.5%
+3.1% YoY+1.4% QoQ
-0.1% 3.6%
+6.7% YoY
3.8%
+7.8% YoY
3.8%
+5.1% YoY
41%
Efficiency Ratio 80.8%
-8.6% YoY-2.3% QoQ
+3.7% 77.0%
-3.1% YoY
75.4%
-1.6% YoY
79.7%
-3.3% YoY
62%
Delinquency Rate 0.6%
-51.4% YoY-9.9% QoQ
-0.3 0.9%
+4.2% YoY
0.9%
-8.5% YoY
1.3%
-2.1% YoY
42%
Loan To Share 44.1%
-1.0% YoY-1.3% QoQ
-28.1% 72.2%
-1.1% YoY
67.1%
-0.1% YoY
67.4%
-1.7% YoY
Bottom 5.8% in tier
AMR $18,054
+4.0% YoY+1.9% QoQ
$-7K $24,676
+3.4% YoY
$22,475
+5.7% YoY
$19,687
+2.0% YoY
22%
CD Concentration 17.0%
-6.1% YoY+2.5% QoQ
-7.4% 24.4% 18.6% 19.8% 50%
Indirect Auto % 4.0%
+94.4% YoY+2.2% QoQ
-9.8% 13.8% 11.8% 7.8% 50%

Signature Analysis

Strengths (0)

No strengths identified

Concerns (3)

Efficiency Drag

risk
#452 of 538 • Bottom 84.0% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 80.75%
(Tier: 76.88%, National: 79.67%)
worse than tier avg
ROA Change (YoY): 0.61% points
(Tier: 0.11% points, National: 0.02% points)
but better than tier avg
Member Growth (YoY): -0.59%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
538 of 1069 Mid-Small & Community CUs have this signature | 633 nationally
↓ Shrinking -98 CUs YoY | New qualifier

Stagnation Risk

risk
#514 of 554 • Bottom 92.8% in tier

Membership shrinking at least 0.5% year-over-year. Declining member base creates long-term risk even if current operations appear healthy.

Why This Signature
Member Growth (YoY): -0.59%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
Loan Growth (YoY): 2.67%
(Tier: 4.11%, National: 111.96%)
worse than tier avg
Delinquency Rate: 0.61%
(Tier: 0.89%, National: 1.28%)
but better than tier avg
554 of 1069 Mid-Small & Community CUs have this signature | 652 nationally
→ No prior data (554 CUs now) | New qualifier

Membership Headwinds

decline
#542 of 554 • Bottom 97.8% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -0.59%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
554 of 1069 Mid-Small & Community CUs have this signature | 652 nationally
→ No prior data (554 CUs now) | New qualifier

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 1069 peers in tier

Top Strengths (1 metrics)

104
Net Charge-Off Rate
risk
Value: 0.07%
Peer Median: -
#104 of 1069 Top 9.6% in 100M-500M tier

Top Weaknesses (8 metrics)

1053
Total Assets
balance_sheet
Value: $102.29M
Peer Median: -
#1053 of 1069 Bottom 1.6% in 100M-500M tier
1042
Total Loans
balance_sheet
Value: $41.12M
Peer Median: -
#1042 of 1069 Bottom 2.6% in 100M-500M tier
1013
Total Deposits
balance_sheet
Value: $93.20M
Peer Median: -
#1013 of 1069 Bottom 5.3% in 100M-500M tier
1007
Loan-to-Share Ratio
balance_sheet
Value: 44.12%
Peer Median: -
#1007 of 1069 Bottom 5.9% in 100M-500M tier
975
Loan-to-Member Ratio (LMR)
engagement
Value: $5,527
Peer Median: -
#975 of 1069 Bottom 8.9% in 100M-500M tier
940
Members Per Employee (MPE)
engagement
Value: 232.500
Peer Median: -
#940 of 1069 Bottom 12.2% in 100M-500M tier
923
Total Members
engagement
Value: 7,440
Peer Median: -
#923 of 1069 Bottom 13.8% in 100M-500M tier
838
Average Member Relationship (AMR)
engagement
Value: $18,054
Peer Median: -
#838 of 1069 Bottom 21.7% in 100M-500M tier
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