BlastPoint's Credit Union Scorecard

FORMATION

Charter #3061 · LA

1077 CUs in 100M-500M nationally 22 in LA

FORMATION has 3 strengths but faces 13 concerns

National Analysis

How does the industry compare?

LA Analysis

How does LA stack up?

Key Strengths

Areas where this CU excels compared to peers

+ Wallet Share Momentum: Top 64.0% in tier
+ Indirect Auto Concentration (%): Top 0.0% in tier
+ Deposit Growth Rate: Top 8.9% in tier

Key Concerns

Areas that may need attention

- Credit Quality Pressure: Bottom 4.7% in tier
- Membership Headwinds: Bottom 8.6% in tier
- Institutional Decline: Bottom 13.3% in tier
- Efficiency Drag: Bottom 17.9% in tier
- Stagnation Risk: Bottom 26.4% in tier
- ROA 0.51% below tier average
- Efficiency ratio 8.77% above tier (higher cost structure)
- Delinquency rate 0.31% above tier average
- Member decline: -4.3% YoY
- Total Assets: Bottom 2.9% in tier
- Total Deposits: Bottom 3.4% in tier
- Loan Growth Rate: Bottom 4.6% in tier
- Average Member Relationship (AMR): Bottom 9.9% in tier

Core Metrics

As of 2025-Q3

Metric	Current	vs Tier	Tier Avg	State Avg (LA)	National Avg	Tier Percentile
Members	10,295 -4.3% YoY-0.1% QoQ	-5.3K	15,628 -3.4% YoY	9,352 +2.6% YoY	33,089 +6.1% YoY	32%
Assets	$104.4M +9.3% YoY+2.1% QoQ	$-126.9M	$231.3M -0.0% YoY	$121.4M +4.9% YoY	$547.7M +7.8% YoY	Bottom 2.8% in tier
Loans	$64.4M -8.7% YoY-2.7% QoQ	$-83.4M	$147.8M -1.4% YoY	$86.9M +5.1% YoY	$388.7M +8.6% YoY	Bottom 11.9% in tier
Deposits	$90.7M +11.2% YoY+2.5% QoQ	$-109.6M	$200.3M -0.0% YoY	$103.9M +6.5% YoY	$464.6M +9.3% YoY	Bottom 3.3% 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	0.3% -39.3% YoY-7.7% QoQ	-0.5%	0.8% +15.5% YoY	0.5% +1.1% YoY	0.7% +273.4% YoY	17%
NIM	3.5% -3.7% YoY+0.3% QoQ	-0.0%	3.6% +6.9% YoY	4.3% +3.2% YoY	3.7% +5.0% YoY	47%
Efficiency Ratio	86.1% +0.2% YoY-0.4% QoQ	+8.8%	77.3% -3.0% YoY	82.9% -3.6% YoY	79.1% -3.3% YoY	80%
Delinquency Rate	1.2% +96.2% YoY+8.7% QoQ	+0.3	0.9% +7.6% YoY	1.8% -12.2% YoY	1.2% -0.9% YoY	76%
Loan To Share	71.1% -17.9% YoY-5.0% QoQ	-1.6%	72.7% -1.5% YoY	70.9% -2.6% YoY	68.0% -1.7% YoY	42%
AMR	$15,064 +6.6% YoY+0.3% QoQ	$-9K	$24,363 +2.9% YoY	$13,297 +2.9% YoY	$19,418 +1.3% YoY	Bottom 9.8% in tier
CD Concentration	31.1% +34.2% YoY+2.0% QoQ	+6.7%	24.4% +4.2% YoY	15.0% +9.1% YoY	19.6% +6.2% YoY	50%
Indirect Auto %	0.0%	-14.0%	14.0% -5.7% YoY	5.3% +10.6% YoY	7.9% -2.9% YoY	50%

Signature Analysis

Strengths (1)

Wallet Share Momentum

growth

#308 of 481 • Top 64.0% in tier

Average member relationship growing 5%+ year-over-year. Members are significantly deepening their engagement.

Why This Signature

AMR Growth (YoY): 6.58%

(Tier: 3.68%, National: 4.19%)

better than tier avg

481 of 1077 Community CUs have this signature | 620 nationally

↑ Growing +201 CUs YoY | New qualifier

Concerns (5)

Credit Quality Pressure

risk

#118 of 736 • Bottom 4.7% in tier

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

Why This Signature

Delinquency Change (YoY): 0.57% points

(Tier: 0.04% points, National: 0.07% points)

worse than tier avg

736 of 1077 Community CUs have this signature | 1002 nationally

↓ Shrinking -199 CUs YoY | New qualifier

Membership Headwinds

decline

#143 of 550 • Bottom 8.6% in tier

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

Why This Signature

Member Growth (YoY): -4.35%

(Tier: 0.88%, National: 9.37%)

worse than tier avg

550 of 1077 Community CUs have this signature | 648 nationally

→ Stable (555→550 CUs) -5 CUs YoY | New qualifier

Institutional Decline

decline

#106 of 256 • Bottom 13.3% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature

Total Assets: $104.39M

(Tier: $331.87M, National: $547.69M)

worse than tier avg

Member Growth (YoY): -4.35%

(Tier: 0.88%, National: 9.37%)

worse than tier avg

Loan Growth (YoY): -8.71%

(Tier: 3.65%, National: 36.38%)

worse than tier avg

256 of 1077 Community CUs have this signature | 293 nationally

↓ Shrinking -43 CUs YoY | New qualifier

Efficiency Drag

risk

#316 of 521 • Bottom 17.9% in tier

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

Why This Signature

Efficiency Ratio: 86.05%

(Tier: 77.15%, National: 79.10%)

worse than tier avg

ROA Change (YoY): -0.18% points

(Tier: 0.11% points, National: 0.05% points)

worse than tier avg

Member Growth (YoY): -4.35%

(Tier: 0.88%, National: 9.37%)

worse than tier avg

521 of 1077 Community CUs have this signature | 624 nationally

↓ Shrinking -113 CUs YoY | New qualifier

Stagnation Risk

risk

#436 of 550 • Bottom 26.4% in tier

Membership declining year-over-year. Shrinking member base creates long-term risk even if current operations appear healthy.

Why This Signature

Member Growth (YoY): -4.35%

(Tier: 0.88%, National: 9.37%)

worse than tier avg

Loan Growth (YoY): -8.71%

(Tier: 3.65%, National: 36.38%)

worse than tier avg

Delinquency Rate: 1.17%

(Tier: 0.85%, National: 1.23%)

worse than tier avg

550 of 1077 Community CUs have this signature | 648 nationally

→ Stable (555→550 CUs) -5 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)

Compare against:

Comparing against 1077 peers in tier

Top Strengths (5 metrics)

Indirect Auto Concentration (%)

balance_sheet

Value: 0.00%

Peer Avg: -

#1 of 1077 Top 0.0% in 100M-500M tier

Deposit Growth Rate

growth

Value: 11.17%

Peer Avg: -

#97 of 1077 Top 8.9% in 100M-500M tier

149

Asset Growth Rate

growth

Value: 9.30%

Peer Avg: -

#149 of 1077 Top 13.7% in 100M-500M tier

185

Members Per Employee (MPE)

engagement

Value: 411.800

Peer Avg: -

#185 of 1077 Top 17.1% in 100M-500M tier

244

AMR Growth Rate

growth

Value: 6.58%

Peer Avg: -

#244 of 1077 Top 22.6% in 100M-500M tier

Top Weaknesses (12 metrics)

1047

Total Assets

balance_sheet

Value: $104.39M

Peer Avg: -

#1047 of 1077 Bottom 2.9% in 100M-500M tier

1041

Total Deposits

balance_sheet

Value: $90.66M

Peer Avg: -

#1041 of 1077 Bottom 3.4% in 100M-500M tier

1028

Loan Growth Rate

growth

Value: -8.71%

Peer Avg: -

#1028 of 1077 Bottom 4.6% in 100M-500M tier

971

Average Member Relationship (AMR)

engagement

Value: $15,064

Peer Avg: -

#971 of 1077 Bottom 9.9% in 100M-500M tier

955

Member Growth Rate

growth

Value: -4.35%

Peer Avg: -

#955 of 1077 Bottom 11.4% in 100M-500M tier

949

Total Loans

balance_sheet

Value: $64.42M

Peer Avg: -

#949 of 1077 Bottom 12.0% in 100M-500M tier

905

Loan-to-Member Ratio (LMR)

engagement

Value: $6,258

Peer Avg: -

#905 of 1077 Bottom 16.1% in 100M-500M tier

892

Return on Assets (ROA)

profitability

Value: 0.28%

Peer Avg: -

#892 of 1077 Bottom 17.3% in 100M-500M tier

859

Efficiency Ratio

profitability

Value: 86.05%

Peer Avg: -

#859 of 1077 Bottom 20.3% in 100M-500M tier

840

Fee Income Per Member

profitability

Value: $114.17

Peer Avg: -

#840 of 1077 Bottom 22.1% in 100M-500M tier