BlastPoint's Credit Union Scorecard

WAVE

Charter #24501 · RI

1069 CUs in 100M-500M nationally 3 in RI

WAVE faces 7 concerns requiring attention

Key Strengths

Areas where this CU excels compared to peers

No key strengths identified

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 10.8% in tier
  • - Efficiency Drag: Bottom 19.4% in tier
  • - ROA 0.27% below tier average
  • - Efficiency ratio 6.95% above tier (higher cost structure)
  • - Delinquency rate 0.13% above tier average
  • - Fee Income Per Member: Bottom 7.0% in tier
  • - Total Members: Bottom 9.7% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (RI) National Avg Tier Percentile
Members 6,849
-0.5% YoY-0.5% QoQ
-8.6K 15,437
-2.9% YoY
35,881
+9.1% YoY
33,374
+5.7% YoY
Bottom 9.6% in tier
Assets $149.2M
+0.9% YoY+1.1% QoQ
$-82.7M $231.9M
+1.3% YoY
$774.2M
+10.8% YoY
$561.6M
+9.7% YoY
31%
Loans $78.2M
-2.4% YoY-1.5% QoQ
$-69.1M $147.3M
-0.1% YoY
$651.4M
+11.4% YoY
$397.0M
+8.8% YoY
21%
Deposits $129.7M
+0.5% YoY+1.3% QoQ
$-71.2M $200.8M
+0.8% YoY
$643.2M
+11.9% YoY
$477.3M
+9.7% YoY
30%

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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 0.5%
+23.8% YoY-3.0% QoQ
-0.3% 0.8%
+18.2% YoY
0.5%
-9.1% YoY
0.7%
+15.9% YoY
31%
NIM 3.2%
+6.7% YoY+0.7% QoQ
-0.4% 3.6%
+6.7% YoY
3.0%
+1.1% YoY
3.8%
+5.1% YoY
26%
Efficiency Ratio 84.0%
-1.1% YoY+0.2% QoQ
+7.0% 77.0%
-3.1% YoY
84.1%
+1.5% YoY
79.7%
-3.3% YoY
75%
Delinquency Rate 1.0%
+222.7% YoY+161.8% QoQ
+0.1 0.9%
+4.2% YoY
0.5%
-30.0% YoY
1.3%
-2.1% YoY
70%
Loan To Share 60.3%
-2.8% YoY-2.8% QoQ
-11.9% 72.2%
-1.1% YoY
78.0%
+0.8% YoY
67.4%
-1.7% YoY
24%
AMR $30,354
-0.2% YoY+0.8% QoQ
+$6K $24,676
+3.4% YoY
$26,466
+8.1% YoY
$19,687
+2.0% YoY
83%
CD Concentration 28.3%
+2.2% YoY+2.3% QoQ
+3.8% 24.4% 27.7% 19.8% 50%
Indirect Auto % 3.4%
-19.0% YoY-5.6% QoQ
-10.4% 13.8% 10.6% 7.8% 50%

Signature Analysis

Strengths (0)

No strengths identified

Concerns (2)

Credit Quality Pressure

risk
#77 of 705 • Bottom 10.8% in tier

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

Why This Signature
Delinquency Change (YoY): 0.70% points
(Tier: 0.03% points, National: 0.06% points)
worse than tier avg
705 of 1069 Mid-Small & Community CUs have this signature | 969 nationally
↓ Shrinking -150 CUs YoY | New qualifier

Efficiency Drag

risk
#105 of 538 • Bottom 19.4% in tier

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

Why This Signature
Efficiency Ratio: 83.97%
(Tier: 76.88%, National: 79.67%)
worse than tier avg
ROA Change (YoY): 0.09% points
(Tier: 0.11% points, National: 0.02% points)
worse than tier avg
Member Growth (YoY): -0.45%
(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 | 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 1069 peers in tier

Top Strengths (2 metrics)

169
Net Charge-Off Rate
risk
Value: 0.11%
Peer Median: -
#169 of 1069 Top 15.7% in 100M-500M tier
183
Average Member Relationship (AMR)
engagement
Value: $30,354
Peer Median: -
#183 of 1069 Top 17.0% in 100M-500M tier

Top Weaknesses (9 metrics)

995
Fee Income Per Member
profitability
Value: $81.61
Peer Median: -
#995 of 1069 Bottom 7.0% in 100M-500M tier
966
Total Members
engagement
Value: 6,849
Peer Median: -
#966 of 1069 Bottom 9.7% in 100M-500M tier
899
First Mortgage Concentration (%)
balance_sheet
Value: 48.00%
Peer Median: -
#899 of 1069 Bottom 16.0% in 100M-500M tier
882
AMR Growth Rate
growth
Value: -0.19%
Peer Median: -
#882 of 1069 Bottom 17.6% in 100M-500M tier
859
Deposit Growth Rate
growth
Value: 0.46%
Peer Median: -
#859 of 1069 Bottom 19.7% in 100M-500M tier
857
Asset Growth Rate
growth
Value: 0.87%
Peer Median: -
#857 of 1069 Bottom 19.9% in 100M-500M tier
843
Loan Growth Rate
growth
Value: -2.39%
Peer Median: -
#843 of 1069 Bottom 21.2% in 100M-500M tier
843
Total Loans
balance_sheet
Value: $78.24M
Peer Median: -
#843 of 1069 Bottom 21.2% in 100M-500M tier
810
Loan-to-Share Ratio
balance_sheet
Value: 60.34%
Peer Median: -
#810 of 1069 Bottom 24.3% in 100M-500M tier
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