BlastPoint's Credit Union Scorecard

MICHIGAN FIRST

Charter #60522 · MI

Mid-Market 1B-3B

300 CUs in 1B-3B nationally 21 in MI

View Mid-Market leaderboard →

MICHIGAN FIRST has 5 strengths but faces 8 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

+ Net Interest Margin 0.94% above tier average
+ Share Certificate Concentration (%): Top 3.0% in tier
+ Fee Income Per Member: Top 4.7% in tier
+ Net Worth Ratio: Top 7.0% in tier
+ Total Members: Top 9.3% in tier

Key Concerns

Areas that may need attention

- Efficiency Drag: Bottom 12.5% in tier
- Liquidity Strain: Bottom 21.9% in tier
- Credit Quality Pressure: Bottom 28.5% in tier
- Credit Risk Growth: Bottom 73.4% in tier
- Stagnation Risk: Bottom 89.0% in tier
- Membership Headwinds: Bottom 89.0% in tier
- ROA 0.23% below tier average
- Efficiency ratio 9.65% above tier (higher cost structure)

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 2026 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

One of 300 credit unions with $1B-$3B in assets nationally, and 1 of 21 that size in Michigan.
Shares and deposits +0.7% year over year ($1.10B in shares and deposits).
Membership: 160,186 members, -2.6% vs a year ago.
Delinquency rate 1.14%.
Return on assets 0.59%.
Efficiency ratio 82.67% vs a 73.02% peer average.
Loan-to-share ratio 97.42% vs a 84.71% peer average.

Data period: Q2 2026 NCUA call report. Animation disabled (reduced-motion preference). Full details in the metrics table below.

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (MI)	National Avg	Tier Percentile
Members	160,186 -2.6% YoY-1.5% QoQ	+63.3K	96,861 -1.9% YoY	36,289 +5.9% YoY	34,678 +6.6% YoY	Top 9.7% in tier
Assets	$1.5B -1.7% YoY-0.8% QoQ	$-234.5M	$1.7B +0.4% YoY	$717.2M +13.9% YoY	$593.1M +10.2% YoY	46%
Loans	$1.1B +2.0% YoY+1.8% QoQ	$-157.8M	$1.2B +0.7% YoY	$498.6M +13.7% YoY	$418.6M +10.1% YoY	45%
Deposits	$1.1B +0.7% YoY-0.0% QoQ	$-358.4M	$1.5B +0.5% YoY	$610.4M +14.2% YoY	$504.8M +10.3% YoY	31%

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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% -16.5% YoY-23.1% QoQ	-0.2%	0.8% +27.6% YoY	1.0% +47.3% YoY	1.2% +121.4% YoY	32%
NIM	4.4% +4.9% YoY+1.6% QoQ	+0.9%	3.4% +6.6% YoY	3.8% +4.4% YoY	3.8% +2.3% YoY	Top 5.7% in tier
Efficiency Ratio	82.7% +1.6% YoY+2.8% QoQ	+9.6%	73.0% -2.7% YoY	74.6% -8.6% YoY	83.0% -5.3% YoY	Bottom 13.7% in tier
Delinquency Rate	1.1% +13.2% YoY+10.8% QoQ	+0.3	0.9% +7.3% YoY	0.9% +9.0% YoY	1.3% +2.6% YoY	78%
Loan To Share	97.4% +1.2% YoY+1.8% QoQ	+12.7%	84.7% +0.1% YoY	66.6% +0.6% YoY	66.4% -1.4% YoY	81%
AMR	$13,618 +4.0% YoY+2.4% QoQ	$-16K	$29,575 +1.5% YoY	$23,154 +6.0% YoY	$20,028 -0.9% YoY	Bottom 0.3% in tier
CD Concentration	11.5% +1.8% YoY+2.1% QoQ	-17.6%	29.1%	18.8%	20.0%	Bottom 2.9% in tier
Indirect Auto %	5.5% +0.4% YoY-0.2% QoQ	-12.6%	18.1%	11.7%	7.7%	26%

Signature Analysis

Strengths (0)

No strengths identified

Concerns (6)

Stagnation Risk

risk

#28 of 86 • Bottom 89.0% 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): -2.56%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

Loan Growth (YoY): 1.96%

(Tier: 6.76%, National: 78.26%)

worse than tier avg

Delinquency Rate: 1.14%

(Tier: 0.86%, National: 1.26%)

worse than tier avg

86 of 377 Mid-Market CUs have this signature | 653 nationally

→ Stable (82→86 CUs) +4 CUs YoY | Rank improving

Membership Headwinds

decline

#42 of 86 • Bottom 89.0% in tier

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

Why This Signature

Member Growth (YoY): -2.56%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

86 of 377 Mid-Market CUs have this signature | 653 nationally

→ Stable (82→86 CUs) +4 CUs YoY | Rank improving

Credit Quality Pressure

risk

#106 of 215 • Bottom 28.5% in tier

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

Why This Signature

Delinquency Change (YoY): 0.13% points

(Tier: 0.06% points, National: 0.08% points)

worse than tier avg

215 of 377 Mid-Market CUs have this signature | 962 nationally

↓ Shrinking -28 CUs YoY

Efficiency Drag

risk

#45 of 71 • Bottom 12.5% in tier

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

Why This Signature

Efficiency Ratio: 82.67%

(Tier: 72.30%, National: 82.97%)

worse than tier avg

ROA Change (YoY): -0.12% points

(Tier: 0.18% points, National: 0.47% points)

worse than tier avg

Member Growth (YoY): -2.56%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

71 of 377 Mid-Market CUs have this signature | 608 nationally

↓ Shrinking -33 CUs YoY | Rank improving

Liquidity Strain

risk

#110 of 168 • Bottom 21.9% in tier

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

Why This Signature

Loan-to-Share Ratio: 97.42%

(Tier: 85.94%, National: 66.39%)

but better than tier avg

Loan Growth (YoY): 1.96%

(Tier: 6.76%, National: 78.26%)

worse than tier avg

168 of 377 Mid-Market CUs have this signature | 432 nationally

→ Stable (173→168 CUs) -5 CUs YoY | Rank improving

Credit Risk Growth

risk

#133 of 170 • Bottom 73.4% in tier

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

Why This Signature

Loan Growth (YoY): 1.96%

(Tier: 6.76%, National: 78.26%)

worse than tier avg

Delinquency Change (YoY): 0.13% points

(Tier: 0.06% points, National: 0.08% points)

worse than tier avg

170 of 377 Mid-Market CUs have this signature | 688 nationally

→ Stable (169→170 CUs) +1 CUs YoY

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 300 peers in tier

Top Strengths (6 metrics)

Share Certificate Concentration (%)

balance_sheet

Value: 11.52%

Peer Median: 28.24%

#10 of 300 Top 3.0% in 1B-3B tier

Fee Income Per Member

profitability

Value: $364.93

Peer Median: $204.73

#15 of 300 Top 4.7% in 1B-3B tier

Net Interest Margin (NIM)

profitability

Value: 4.36%

Peer Median: 3.46%

#17 of 300 Top 5.3% in 1B-3B tier

Net Worth Ratio

risk

Value: 15.80%

Peer Median: 10.91%

#22 of 300 Top 7.0% in 1B-3B tier

Total Members

engagement

Value: 160,186

Peer Median: 86,516

#29 of 300 Top 9.3% in 1B-3B tier

Loan-to-Share Ratio

balance_sheet

Value: 97.42%

Peer Median: 87.07%

#56 of 300 Top 18.3% in 1B-3B tier

Top Weaknesses (8 metrics)

299

Average Member Relationship (AMR)

engagement

Value: $13,618

Peer Median: $28,089

#299 of 300 Bottom 0.7% in 1B-3B tier

295

Loan-to-Member Ratio (LMR)

engagement

Value: $6,720

Peer Median: $12,809

#295 of 300 Bottom 2.0% in 1B-3B tier

279

Asset Growth Rate

growth

Value: -1.70%

Peer Median: 5.21%

#279 of 300 Bottom 7.3% in 1B-3B tier

264

Member Growth Rate

growth

Value: -2.56%

Peer Median: 1.84%

#264 of 300 Bottom 12.3% in 1B-3B tier

260

Efficiency Ratio

profitability

Value: 82.67%

Peer Median: 73.62%

#260 of 300 Bottom 13.7% in 1B-3B tier

251

Deposit Growth Rate

growth

Value: 0.72%

Peer Median: 4.79%

#251 of 300 Bottom 16.7% in 1B-3B tier

248

Net Charge-Off Rate

risk

Value: 0.96%

Peer Median: 0.52%

#248 of 300 Bottom 17.7% in 1B-3B tier

234

Total Delinquency Rate (60+ days)

risk

Value: 1.14%

Peer Median: 0.70%

#234 of 300 Bottom 22.3% in 1B-3B tier