BlastPoint's Credit Union Scorecard

WAVE

Charter #24501 · RI

100M-500M
1070 CUs in 100M-500M nationally 3 in RI

WAVE has 1 strength but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Net Charge-Off Rate: Top 2.1% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 50.0% in tier
  • - Credit Quality Pressure: Bottom 50.0% in tier
  • - ROA 0.13% below tier average
  • - Efficiency ratio 5.04% above tier (higher cost structure)

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (RI) National Avg Tier Percentile
Members 6,872
-0.3% YoY+0.3% QoQ
-8.3K 15,145
-2.5% YoY
36,204
+9.0% YoY
33,913
+5.7% YoY
Bottom 10.5% in tier
Assets $155.0M
+2.9% YoY+3.9% QoQ
$-76.7M $231.7M
+0.8% YoY
$787.6M
+11.2% YoY
$578.3M
+9.0% YoY
33%
Loans $77.3M
-3.0% YoY-1.3% QoQ
$-66.9M $144.1M
+0.2% YoY
$657.2M
+10.2% YoY
$402.4M
+8.7% YoY
22%
Deposits $135.1M
+2.7% YoY+4.2% QoQ
$-66.0M $201.1M
+0.4% YoY
$658.7M
+12.2% YoY
$494.3M
+9.1% YoY
33%

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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 0.6%
+54.9% YoY+20.2% QoQ
-0.1% 0.7%
+5.1% YoY
0.4%
+126.0% YoY
0.4%
-39.2% YoY
42%
NIM 3.1%
+5.1% YoY-2.5% QoQ
-0.5% 3.6%
+4.6% YoY
3.0%
+2.3% YoY
3.8%
+4.1% YoY
20%
Efficiency Ratio 83.1%
-6.1% YoY-1.1% QoQ
+5.0% 78.0%
-1.7% YoY
87.4%
-0.7% YoY
84.6%
+2.8% YoY
66%
Delinquency Rate 0.3%
+33.4% YoY-71.3% QoQ
-0.5 0.8%
+7.1% YoY
0.4%
-7.6% YoY
1.2%
+3.4% YoY
22%
Loan To Share 57.2%
-5.5% YoY-5.2% QoQ
-13.2% 70.4%
-0.4% YoY
77.1%
+1.0% YoY
65.6%
-1.4% YoY
22%
AMR $30,900
+0.9% YoY+1.8% QoQ
+$6K $24,918
+2.7% YoY
$26,738
+8.0% YoY
$19,920
+1.6% YoY
83%
CD Concentration 29.5%
+9.9% YoY+4.3% QoQ
+5.2% 24.3% 27.4% 19.8% 50%
Indirect Auto % 3.2%
-21.2% YoY-6.4% QoQ
-10.6% 13.8% 10.6% 7.7% 50%

Signature Analysis

Strengths (0)

No strengths identified

Concerns (2)

Efficiency Drag

risk
#232 of 596 • Bottom 50.0% in tier

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

Why This Signature
Efficiency Ratio: 83.07%
(Tier: 77.94%, National: 84.64%)
worse than tier avg
ROA Change (YoY): 0.21% points
(Tier: 0.05% points, National: -0.45% points)
but better than tier avg
Member Growth (YoY): -0.30%
(Tier: 0.72%, National: 10.19%)
worse than tier avg
596 of 1070 Mid-Small & Community CUs have this signature | 702 nationally
↓ Shrinking -84 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#536 of 727 • Bottom 50.0% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.07% points
(Tier: 0.03% points, National: 0.12% points)
worse than tier avg
727 of 1070 Mid-Small & Community CUs have this signature | 1013 nationally
↓ Shrinking -60 CUs YoY | Rank improving

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 1070 peers in tier

Top Strengths (3 metrics)

23
Net Charge-Off Rate
risk
Value: -0.03%
Peer Median: 0.35%
#23 of 1070 Top 2.1% in 100M-500M tier
180
Average Member Relationship (AMR)
engagement
Value: $30,900
Peer Median: $22,931
#180 of 1070 Top 16.7% in 100M-500M tier
232
Total Delinquency Rate (60+ days)
risk
Value: 0.29%
Peer Median: 0.61%
#232 of 1070 Top 21.6% in 100M-500M tier

Top Weaknesses (7 metrics)

957
Total Members
engagement
Value: 6,872
Peer Median: 13,200
#957 of 1070 Bottom 10.7% in 100M-500M tier
923
Fee Income Per Member
profitability
Value: $89.41
Peer Median: $154.95
#923 of 1070 Bottom 13.8% in 100M-500M tier
886
Loan Growth Rate
growth
Value: -2.97%
Peer Median: 2.93%
#886 of 1070 Bottom 17.3% in 100M-500M tier
883
First Mortgage Concentration (%)
balance_sheet
Value: 47.40%
Peer Median: 29.47%
#883 of 1070 Bottom 17.6% in 100M-500M tier
855
Net Interest Margin (NIM)
profitability
Value: 3.10%
Peer Median: 3.62%
#855 of 1070 Bottom 20.2% in 100M-500M tier
839
Loan-to-Share Ratio
balance_sheet
Value: 57.18%
Peer Median: 71.88%
#839 of 1070 Bottom 21.7% in 100M-500M tier
831
Total Loans
balance_sheet
Value: $77.25M
Peer Median: $121.41M
#831 of 1070 Bottom 22.4% in 100M-500M tier
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