BlastPoint's Credit Union Scorecard

COVE

Charter #19879 · KY

2556 CUs in <100M nationally 37 in KY

COVE has 5 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + Total Loans: Top 3.9% in tier
  • + Total Members: Top 7.4% in tier
  • + Total Assets: Top 8.6% in tier
  • + Total Deposits: Top 9.7% in tier

Key Concerns

Areas that may need attention

  • - ROA 0.06% below tier average
  • - Efficiency ratio 4.07% above tier (higher cost structure)
  • - Member decline: -2.1% YoY
  • - First Mortgage Concentration (%): Bottom 6.4% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (KY) National Avg Tier Percentile
Members 6,464
-2.1% YoY-0.7% QoQ
+3.8K 2,615
-1.9% YoY
18,352
+6.1% YoY
33,374
+5.7% YoY
Top 7.4% in tier
Assets $77.9M
+0.4% YoY-2.3% QoQ
+$47.8M $30.1M
+2.1% YoY
$297.6M
+11.0% YoY
$561.6M
+9.7% YoY
Top 8.6% in tier
Loans $53.8M
-1.1% YoY-1.5% QoQ
+$38.0M $15.8M
-1.3% YoY
$214.0M
+12.0% YoY
$397.0M
+8.8% YoY
Top 4.0% in tier
Deposits $64.2M
-0.2% YoY-2.9% QoQ
+$38.5M $25.7M
+1.4% YoY
$249.6M
+10.9% YoY
$477.3M
+9.7% YoY
Top 9.8% in tier

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.6%
-1.2% YoY+16.0% QoQ
-0.1% 0.6%
+10.8% YoY
0.3%
-193.7% YoY
0.7%
+15.9% YoY
43%
NIM 3.4%
+1.7% YoY+1.9% QoQ
-0.6% 4.0%
+4.0% YoY
3.7%
-0.4% YoY
3.8%
+5.1% YoY
30%
Efficiency Ratio 86.6%
+6.4% YoY-2.0% QoQ
+4.1% 82.6%
-2.3% YoY
85.5%
-17.8% YoY
79.7%
-3.3% YoY
67%
Delinquency Rate 0.3%
-71.8% YoY+115.5% QoQ
-1.3 1.6%
-3.1% YoY
1.1%
-5.8% YoY
1.3%
-2.1% YoY
30%
Loan To Share 83.8%
-0.9% YoY+1.5% QoQ
+23.2% 60.6%
-3.1% YoY
65.9%
-3.9% YoY
67.4%
-1.7% YoY
83%
AMR $18,250
+1.5% YoY-1.6% QoQ
+$3K $14,783
-1.4% YoY
$17,204
+6.4% YoY
$19,687
+2.0% YoY
71%
CD Concentration 25.4%
+3.9% YoY-3.6% QoQ
+1.0% 24.4% 22.4% 19.8% 50%
Indirect Auto % 0.0% -13.8% 13.8% 7.7% 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 (8 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Median: -
#1 of 2556 Top 0.0% in <100M tier
101
Total Loans
balance_sheet
Value: $53.80M
Peer Median: -
#101 of 2556 Top 3.9% in <100M tier
190
Total Members
engagement
Value: 6,464
Peer Median: -
#190 of 2556 Top 7.4% in <100M tier
221
Total Assets
balance_sheet
Value: $77.92M
Peer Median: -
#221 of 2556 Top 8.6% in <100M tier
250
Total Deposits
balance_sheet
Value: $64.17M
Peer Median: -
#250 of 2556 Top 9.7% in <100M tier
408
Loan-to-Member Ratio (LMR)
engagement
Value: $8,323
Peer Median: -
#408 of 2556 Top 15.9% in <100M tier
423
Loan-to-Share Ratio
balance_sheet
Value: 83.85%
Peer Median: -
#423 of 2556 Top 16.5% in <100M tier
620
Fee Income Per Member
profitability
Value: $121.62
Peer Median: -
#620 of 2556 Top 24.2% in <100M tier

Top Weaknesses (2 metrics)

2393
First Mortgage Concentration (%)
balance_sheet
Value: 53.89%
Peer Median: -
#2393 of 2556 Bottom 6.4% in <100M tier
1935
Share Certificate Concentration (%)
balance_sheet
Value: 25.39%
Peer Median: -
#1935 of 2556 Bottom 24.3% in <100M tier
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