BlastPoint's Credit Union Scorecard

MICHIGAN FIRST

Charter #60522 · MI

Mid-Market 1B-3B

302 CUs in 1B-3B nationally 19 in MI

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MICHIGAN FIRST has 6 strengths but faces 10 concerns

National Analysis

How does the industry compare?

Mid-Market Tier

What's your peer group doing?

MI Analysis

How does MI stack up?

Key Strengths

Areas where this CU excels compared to peers

+ ROA 0.05% above tier average
+ Net Interest Margin 1.14% above tier average
+ Share Certificate Concentration (%): Top 3.3% in tier
+ Fee Income Per Member: Top 5.3% in tier
+ Net Worth Ratio: Top 6.0% in tier
+ Total Members: Top 7.3% in tier

Key Concerns

Areas that may need attention

- Stagnation Risk: Bottom 51.2% in tier
- Liquidity Strain: Bottom 53.9% in tier
- Membership Headwinds: Bottom 61.9% in tier
- Credit Quality Pressure: Bottom 86.7% in tier
- Efficiency Drag: Bottom 91.0% in tier
- Credit Risk Growth: Bottom 96.9% in tier
- Efficiency ratio 6.94% above tier (higher cost structure)
- Delinquency rate 0.20% above tier average
- Average Member Relationship (AMR): Bottom 0.7% in tier
- Loan-to-Member Ratio (LMR): Bottom 1.7% in tier

Core Metrics

As of 2025-Q4

Metric	Current	vs Tier	Tier Avg	State Avg (MI)	National Avg	Tier Percentile
Members	163,183 -1.7% YoY-0.6% QoQ	+65.8K	97,431 -2.4% YoY	35,710 +6.8% YoY	33,374 +5.7% YoY	Top 7.6% in tier
Assets	$1.5B +0.6% YoY+1.7% QoQ	$-247.6M	$1.7B +0.9% YoY	$674.6M +13.3% YoY	$561.6M +9.7% YoY	47%
Loans	$1.1B +1.7% YoY+0.4% QoQ	$-170.7M	$1.2B +0.5% YoY	$472.4M +13.5% YoY	$397.0M +8.8% YoY	44%
Deposits	$1.1B +0.9% YoY+2.2% QoQ	$-388.9M	$1.5B +0.9% YoY	$573.0M +13.1% YoY	$477.3M +9.7% YoY	26%

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Tier 1

50+ financial metrics with peer benchmarks

Performance signatures (strengths & concerns)

AI-generated insights and rankings

Want to see an example first? Preview Navy Federal's scorecard →

ROA	0.7% -36.9% YoY-8.9% QoQ	+0.0%	0.7% +20.9% YoY	0.9% -8.5% YoY	0.7% +15.9% YoY	58%
NIM	4.4% +6.9% YoY+2.5% QoQ	+1.1%	3.3% +9.2% YoY	3.8% +7.8% YoY	3.8% +5.1% YoY	Top 4.3% in tier
Efficiency Ratio	81.0% +7.0% YoY+0.5% QoQ	+6.9%	74.1% -9.5% YoY	75.4% -1.6% YoY	79.7% -3.3% YoY	78%
Delinquency Rate	1.1% +4.2% YoY-1.9% QoQ	+0.2	0.9% +6.2% YoY	0.9% -8.5% YoY	1.3% -2.1% YoY	76%
Loan To Share	99.4% +0.8% YoY-1.8% QoQ	+14.6%	84.8% -0.8% YoY	67.1% -0.1% YoY	67.4% -1.7% YoY	Top 13.2% in tier
AMR	$13,078 +3.1% YoY+1.9% QoQ	$-16K	$29,428 +2.4% YoY	$22,475 +5.7% YoY	$19,687 +2.0% YoY	Bottom 0.3% in tier
CD Concentration	11.7% +5.7% YoY-1.6% QoQ	-17.3%	29.0%	18.6%	19.8%	Bottom 3.2% in tier
Indirect Auto %	5.4% +6.3% YoY+0.4% QoQ	-12.9%	18.3%	11.8%	7.8%	26%

Signature Analysis

Strengths (0)

No strengths identified

Concerns (6)

Stagnation Risk

risk

#44 of 85 • Bottom 51.2% in tier

Membership shrinking at least 0.5% year-over-year. Declining member base creates long-term risk even if current operations appear healthy.

Why This Signature

Member Growth (YoY): -1.72%

(Tier: 3.43%, National: 4.32%)

worse than tier avg

Loan Growth (YoY): 1.70%

(Tier: 6.38%, National: 111.96%)

worse than tier avg

Delinquency Rate: 1.10%

(Tier: 0.89%, National: 1.28%)

worse than tier avg

85 of 378 Mid-Market CUs have this signature | 652 nationally

→ No prior data (85 CUs now) | New qualifier

Liquidity Strain

risk

#90 of 166 • Bottom 53.9% in tier

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

Why This Signature

Loan-to-Share Ratio: 99.38%

(Tier: 85.73%, National: 67.44%)

but better than tier avg

Loan Growth (YoY): 1.70%

(Tier: 6.38%, National: 111.96%)

worse than tier avg

166 of 378 Mid-Market CUs have this signature | 439 nationally

↓ Shrinking -7 CUs YoY | Rank worsening

Membership Headwinds

decline

#53 of 85 • Bottom 61.9% in tier

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

Why This Signature

Member Growth (YoY): -1.72%

(Tier: 3.43%, National: 4.32%)

worse than tier avg

85 of 378 Mid-Market CUs have this signature | 652 nationally

→ No prior data (85 CUs now) | New qualifier

Credit Quality Pressure

risk

#183 of 211 • Bottom 86.7% in tier

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

Why This Signature

Delinquency Change (YoY): 0.04% points

(Tier: 0.06% points, National: 0.06% points)

but better than tier avg

211 of 378 Mid-Market CUs have this signature | 969 nationally

↓ Shrinking -59 CUs YoY | New qualifier

Efficiency Drag

risk

#82 of 90 • Bottom 91.0% in tier

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

Why This Signature

Efficiency Ratio: 81.00%

(Tier: 73.53%, National: 79.67%)

worse than tier avg

ROA Change (YoY): -0.43% points

(Tier: 0.12% points, National: 0.02% points)

worse than tier avg

Member Growth (YoY): -1.72%

(Tier: 3.43%, National: 4.32%)

worse than tier avg

90 of 378 Mid-Market CUs have this signature | 633 nationally

↓ Shrinking -36 CUs YoY | New qualifier

Credit Risk Growth

risk

#159 of 164 • Bottom 96.9% in tier

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

Why This Signature

Loan Growth (YoY): 1.70%

(Tier: 6.38%, National: 111.96%)

worse than tier avg

Delinquency Change (YoY): 0.04% points

(Tier: 0.06% points, National: 0.06% points)

but better than tier avg

164 of 378 Mid-Market CUs have this signature | 665 nationally

→ No prior data (164 CUs now) | 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 302 peers in tier

Top Strengths (6 metrics)

Share Certificate Concentration (%)

balance_sheet

Value: 11.70%

Peer Median: -

#11 of 302 Top 3.3% in 1B-3B tier

Net Interest Margin (NIM)

profitability

Value: 4.41%

Peer Median: -

#13 of 302 Top 4.0% in 1B-3B tier

Fee Income Per Member

profitability

Value: $345.99

Peer Median: -

#17 of 302 Top 5.3% in 1B-3B tier

Net Worth Ratio

risk

Value: 15.65%

Peer Median: -

#19 of 302 Top 6.0% in 1B-3B tier

Total Members

engagement

Value: 163,183

Peer Median: -

#23 of 302 Top 7.3% in 1B-3B tier

Loan-to-Share Ratio

balance_sheet

Value: 99.38%

Peer Median: -

#40 of 302 Top 12.9% in 1B-3B tier

Top Weaknesses (8 metrics)

301

Average Member Relationship (AMR)

engagement

Value: $13,078

Peer Median: -

#301 of 302 Bottom 0.7% in 1B-3B tier

298

Loan-to-Member Ratio (LMR)

engagement

Value: $6,519

Peer Median: -

#298 of 302 Bottom 1.7% in 1B-3B tier

262

Net Charge-Off Rate

risk

Value: 1.02%

Peer Median: -

#262 of 302 Bottom 13.6% in 1B-3B tier

254

Asset Growth Rate

growth

Value: 0.55%

Peer Median: -

#254 of 302 Bottom 16.2% in 1B-3B tier

253

Member Growth Rate

growth

Value: -1.72%

Peer Median: -

#253 of 302 Bottom 16.6% in 1B-3B tier

253

Deposit Growth Rate

growth

Value: 0.86%

Peer Median: -

#253 of 302 Bottom 16.6% in 1B-3B tier

235

Efficiency Ratio

profitability

Value: 81.00%

Peer Median: -

#235 of 302 Bottom 22.5% in 1B-3B tier

230

Total Delinquency Rate (60+ days)

risk

Value: 1.10%

Peer Median: -

#230 of 302 Bottom 24.2% in 1B-3B tier