BlastPoint's Credit Union Scorecard

FIRST SOURCE

Charter #2658 · NY

Mid-Market 1B-3B
304 CUs in 1B-3B nationally 13 in NY
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FIRST SOURCE has 7 strengths but faces 5 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 15.9% in tier
  • + Organic Growth Leader: Top 21.9% in tier
  • + Emerging Performer: Top 73.2% in tier
  • + ROA 0.04% above tier average
  • + Net Interest Margin 1.22% above tier average
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + Loan-to-Share Ratio: Top 3.0% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 8.0% in tier
  • - Credit Quality Pressure: Bottom 15.8% in tier
  • - Credit Risk Growth: Bottom 24.3% in tier
  • - Delinquency rate 0.03% above tier average
  • - Members Per Employee (MPE): Bottom 7.9% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NY) National Avg Tier Percentile
Members 63,579
+2.3% YoY+0.5% QoQ
-35.1K 98,678
-1.9% YoY
25,964
+5.4% YoY
33,089
+6.1% YoY
18%
Assets $1.1B
+2.8% YoY+1.5% QoQ
$-625.5M $1.7B
+0.5% YoY
$471.3M
+6.4% YoY
$547.7M
+7.8% YoY
Bottom 11.2% in tier
Loans $1.0B
+2.7% YoY+2.0% QoQ
$-209.5M $1.2B
+0.5% YoY
$316.5M
+7.1% YoY
$388.7M
+8.6% YoY
40%
Deposits $957.6M
+7.5% YoY-0.9% QoQ
$-496.7M $1.5B
+1.3% YoY
$400.0M
+7.6% YoY
$464.6M
+9.3% YoY
Bottom 14.5% in tier

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.7%
-15.3% YoY+4.3% QoQ
+0.0% 0.7%
+13.4% YoY
0.9%
+294.0% YoY
0.7%
+273.4% YoY
60%
NIM 4.5%
+13.2% YoY+1.2% QoQ
+1.2% 3.3%
+9.3% YoY
3.6%
+5.0% YoY
3.7%
+5.0% YoY
Top 3.9% in tier
Efficiency Ratio 69.4%
+0.8% YoY-0.4% QoQ
-4.6% 74.0%
-10.9% YoY
80.1%
-6.2% YoY
79.1%
-3.3% YoY
30%
Delinquency Rate 0.9%
+15.0% YoY+12.2% QoQ
+0.0 0.8%
+6.1% YoY
1.7%
-8.3% YoY
1.2%
-0.9% YoY
66%
Loan To Share 106.9%
-4.4% YoY+2.9% QoQ
+21.7% 85.2%
-0.8% YoY
61.5%
-2.3% YoY
68.0%
-1.7% YoY
Top 3.3% in tier
AMR $31,161
+2.6% YoY+0.1% QoQ
+$2K $29,172
+2.8% YoY
$19,040
-21.7% YoY
$19,418
+1.3% YoY
68%
CD Concentration 28.1%
+9.2% YoY+7.1% QoQ
-0.9% 29.0%
+0.7% YoY
15.9%
+8.4% YoY
19.6%
+6.2% YoY
47%
Indirect Auto % 0.0% -18.8% 18.8%
-3.0% YoY
2.6%
-3.7% YoY
7.9%
-2.9% YoY
Bottom 0.0% in tier

Signature Analysis

Strengths (3)

Organic Growth Engine

growth
#116 of 246 • Top 15.9% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 2.33%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
Return on Assets: 0.74%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 0.00%
(Tier: 18.77%, National: 7.90%)
better than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank worsening

Organic Growth Leader

growth
#87 of 138 • Top 21.9% in tier

Attracting members (0.5-50% YoY) without heavy indirect auto dependency (<20%). Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 2.33%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
Indirect Auto %: 0.00%
(Tier: 18.77%, National: 7.90%)
better than tier avg
138 of 380 Mid-Market CUs have this signature | 608 nationally
↑ Growing +11 CUs YoY | Rank worsening

Emerging Performer

growth
#53 of 72 • Top 73.2% in tier

Smaller CU (bottom 50% by assets in tier) with strong profitability (ROA > 0.5%) AND growth (members >= 1%). Emerging leaders worth watching.

Why This Signature
Return on Assets: 0.74%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Member Growth (YoY): 2.33%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
72 of 380 Mid-Market CUs have this signature | 288 nationally
↑ Growing +13 CUs YoY | Rank worsening

Concerns (3)

Liquidity Strain

risk
#43 of 183 • Bottom 8.0% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 106.89%
(Tier: 86.32%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 2.72%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#122 of 217 • Bottom 15.8% in tier

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

Why This Signature
Delinquency Change (YoY): 0.11% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | New qualifier

Credit Risk Growth

risk
#136 of 161 • Bottom 24.3% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 2.72%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
Delinquency Change (YoY): 0.11% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | 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 304 peers in tier

Top Strengths (4 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: -
#1 of 304 Top 0.0% in 1B-3B tier
10
Loan-to-Share Ratio
balance_sheet
Value: 106.89%
Peer Avg: -
#10 of 304 Top 3.0% in 1B-3B tier
12
Net Interest Margin (NIM)
profitability
Value: 4.49%
Peer Avg: -
#12 of 304 Top 3.6% in 1B-3B tier
51
Loan-to-Member Ratio (LMR)
engagement
Value: $16,099
Peer Avg: -
#51 of 304 Top 16.4% in 1B-3B tier

Top Weaknesses (5 metrics)

281
Members Per Employee (MPE)
engagement
Value: 262.723
Peer Avg: -
#281 of 304 Bottom 7.9% in 1B-3B tier
270
Total Assets
balance_sheet
Value: $1.09B
Peer Avg: -
#270 of 304 Bottom 11.5% in 1B-3B tier
260
Total Deposits
balance_sheet
Value: $957.62M
Peer Avg: -
#260 of 304 Bottom 14.8% in 1B-3B tier
250
Total Members
engagement
Value: 63,579
Peer Avg: -
#250 of 304 Bottom 18.1% in 1B-3B tier
244
Net Charge-Off Rate
risk
Value: 0.90%
Peer Avg: -
#244 of 304 Bottom 20.1% in 1B-3B tier
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