BlastPoint's Credit Union Scorecard

SOVITA

Charter #60666 · MI

Community 500M-750M
167 CUs in 500M-750M nationally 10 in MI
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SOVITA has 6 strengths but faces 7 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 33.4% in tier
  • + Wallet Share Momentum: Top 33.4% in tier
  • + ROA 0.42% above tier average
  • + Net Worth Ratio: Top 3.6% in tier
  • + Efficiency Ratio: Top 9.0% in tier
  • + Net Charge-Off Rate: Top 9.0% in tier

Key Concerns

Areas that may need attention

  • - Stagnation Risk: Bottom 63.2% in tier
  • - Membership Headwinds: Bottom 63.2% in tier
  • - Total Loans: Bottom 1.2% in tier
  • - Loan-to-Share Ratio: Bottom 1.2% in tier
  • - Total Members: Bottom 2.4% in tier
  • - Net Interest Margin (NIM): Bottom 3.6% in tier
  • - Members Per Employee (MPE): Bottom 8.4% in tier

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 17,763
-1.0% YoY-0.5% QoQ
-20.3K 38,079
-4.8% YoY
36,022
+6.3% YoY
33,913
+5.7% YoY
Bottom 1.8% in tier
Assets $587.2M
+6.4% YoY+1.9% QoQ
$-32.5M $619.7M
-0.2% YoY
$705.1M
+14.1% YoY
$578.3M
+9.0% YoY
35%
Loans $137.7M
+0.2% YoY+0.2% QoQ
$-281.6M $419.3M
-1.4% YoY
$480.6M
+13.6% YoY
$402.4M
+8.7% YoY
Bottom 0.6% in tier
Deposits $496.9M
+5.5% YoY+2.2% QoQ
$-42.6M $539.5M
-0.1% YoY
$601.5M
+14.1% YoY
$494.3M
+9.1% YoY
29%

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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 1.1%
+63.3% YoY+12.3% QoQ
+0.4% 0.7%
+36.0% YoY
0.9%
+85.7% YoY
0.4%
-39.2% YoY
78%
NIM 2.5%
+6.0% YoY+3.3% QoQ
-1.0% 3.5%
+4.5% YoY
3.7%
+3.8% YoY
3.8%
+4.1% YoY
Bottom 3.0% in tier
Efficiency Ratio 63.6%
-15.5% YoY-4.4% QoQ
-14.7% 78.4%
-3.7% YoY
75.8%
-7.1% YoY
84.6%
+2.8% YoY
Top 9.0% in tier
Delinquency Rate 0.3%
-4.9% YoY+120.3% QoQ
-0.4 0.7%
-0.9% YoY
0.7%
-7.8% YoY
1.2%
+3.4% YoY
23%
Loan To Share 27.7%
-5.0% YoY-2.0% QoQ
-50.0% 77.7%
-1.2% YoY
65.1%
-0.0% YoY
65.6%
-1.4% YoY
Bottom 0.6% in tier
AMR $35,726
+5.4% YoY+2.3% QoQ
+$9K $26,927
+3.1% YoY
$22,971
+5.9% YoY
$19,920
+1.6% YoY
Top 11.4% in tier
CD Concentration 19.6%
+18.3% YoY-0.3% QoQ
-4.7% 24.3% 18.6% 19.8% 34%
Indirect Auto % 9.2%
-10.5% YoY-5.1% QoQ
-4.6% 13.8% 11.7% 7.7% 52%

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#123 of 257 • Top 33.4% in tier

Top-tier average member relationship within peer group, with stable or growing engagement. Strong wallet share positioning.

Why This Signature
AMR Growth (YoY): 5.38%
(Tier: 3.74%, National: 6.36%)
better than tier avg
Share Draft per Member: $4.9K
(Tier: $3.0K, National: $2.1K)
better than tier avg
257 of 284 Community CUs have this signature | 342 nationally
↑ Growing +27 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#445 of 491 • Top 33.4% in tier

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

Why This Signature
AMR Growth (YoY): 5.38%
(Tier: 3.74%, National: 6.36%)
better than tier avg
637 nationally
↑ Growing +107 CUs YoY | Rank worsening

Concerns (2)

Stagnation Risk

risk
#486 of 570 • Bottom 63.2% 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): -1.04%
(Tier: 0.72%, National: 10.19%)
worse than tier avg
Loan Growth (YoY): 0.23%
(Tier: 4.14%, National: 1.74%)
worse than tier avg
Delinquency Rate: 0.30%
(Tier: 0.76%, National: 1.19%)
but better than tier avg
676 nationally
→ No prior data (570 CUs now) | New qualifier

Membership Headwinds

decline
#492 of 570 • Bottom 63.2% in tier

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

Why This Signature
Member Growth (YoY): -1.04%
(Tier: 0.72%, National: 10.19%)
worse than tier avg
676 nationally
→ No prior data (570 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)

Comparing against 167 peers in tier

Top Strengths (8 metrics)

7
Net Worth Ratio
risk
Value: 15.94%
Peer Median: 10.35%
#7 of 167 Top 3.6% in 500M-750M tier
16
Efficiency Ratio
profitability
Value: 63.65%
Peer Median: 78.61%
#16 of 167 Top 9.0% in 500M-750M tier
16
Net Charge-Off Rate
risk
Value: 0.09%
Peer Median: 0.39%
#16 of 167 Top 9.0% in 500M-750M tier
19
Average Member Relationship (AMR)
engagement
Value: $35,726
Peer Median: $25,600
#19 of 167 Top 10.8% in 500M-750M tier
33
First Mortgage Concentration (%)
balance_sheet
Value: 19.65%
Peer Median: 32.87%
#33 of 167 Top 19.2% in 500M-750M tier
36
Return on Assets (ROA)
profitability
Value: 1.11%
Peer Median: 0.61%
#36 of 167 Top 21.0% in 500M-750M tier
39
Total Delinquency Rate (60+ days)
risk
Value: 0.30%
Peer Median: 0.62%
#39 of 167 Top 22.8% in 500M-750M tier
39
Share Certificate Concentration (%)
balance_sheet
Value: 19.59%
Peer Median: 26.29%
#39 of 167 Top 22.8% in 500M-750M tier

Top Weaknesses (7 metrics)

166
Total Loans
balance_sheet
Value: $137.74M
Peer Median: $427.27M
#166 of 167 Bottom 1.2% in 500M-750M tier
166
Loan-to-Share Ratio
balance_sheet
Value: 27.72%
Peer Median: 79.97%
#166 of 167 Bottom 1.2% in 500M-750M tier
164
Total Members
engagement
Value: 17,763
Peer Median: 36,874
#164 of 167 Bottom 2.4% in 500M-750M tier
162
Net Interest Margin (NIM)
profitability
Value: 2.50%
Peer Median: 3.48%
#162 of 167 Bottom 3.6% in 500M-750M tier
154
Members Per Employee (MPE)
engagement
Value: 233.724
Peer Median: 318.730
#154 of 167 Bottom 8.4% in 500M-750M tier
143
Loan-to-Member Ratio (LMR)
engagement
Value: $7,754
Peer Median: $11,231
#143 of 167 Bottom 15.0% in 500M-750M tier
127
Loan Growth Rate
growth
Value: 0.23%
Peer Median: 4.25%
#127 of 167 Bottom 24.6% in 500M-750M tier
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