BlastPoint's Credit Union Scorecard

MICHIGAN EDUCATIONAL

Charter #60931 · MI

Mid-Market 1B-3B
304 CUs in 1B-3B nationally 19 in MI
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MICHIGAN EDUCATIONAL has 4 strengths but faces 11 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Credit Quality Leader: Top 52.1% in tier
  • + Wallet Share Momentum: Top 94.8% in tier
  • + Members Per Employee (MPE): Top 2.3% in tier
  • + Net Charge-Off Rate: Top 5.9% in tier

Key Concerns

Areas that may need attention

  • - Efficiency Drag: Bottom 5.8% in tier
  • - Membership Headwinds: Bottom 21.8% in tier
  • - Stagnation Risk: Bottom 23.4% in tier
  • - Credit Quality Pressure: Bottom 27.3% in tier
  • - ROA 0.33% below tier average
  • - Efficiency ratio 10.80% above tier (higher cost structure)
  • - Total Loans: Bottom 1.6% in tier
  • - Loan-to-Share Ratio: Bottom 2.6% in tier
  • - Fee Income Per Member: Bottom 3.3% in tier
  • - Total Members: Bottom 3.9% in tier
  • - Total Assets: Bottom 8.2% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 47,820
-1.9% YoY+0.5% QoQ
-50.9K 98,678
-1.9% YoY
35,456
+8.6% YoY
33,089
+6.1% YoY
Bottom 3.6% in tier
Assets $1.1B
+6.3% YoY-0.2% QoQ
$-645.3M $1.7B
+0.5% YoY
$650.8M
+12.6% YoY
$547.7M
+7.8% YoY
Bottom 7.9% in tier
Loans $488.9M
-0.4% YoY+1.6% QoQ
$-744.2M $1.2B
+0.5% YoY
$461.6M
+14.9% YoY
$388.7M
+8.6% YoY
Bottom 1.3% in tier
Deposits $952.2M
+5.4% YoY-0.8% QoQ
$-502.2M $1.5B
+1.3% YoY
$550.3M
+12.5% YoY
$464.6M
+9.3% YoY
Bottom 13.8% in tier

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.4%
+20.3% YoY+12.3% QoQ
-0.3% 0.7%
+13.4% YoY
0.8%
-27.1% YoY
0.7%
+273.4% YoY
21%
NIM 2.5%
+2.2% YoY+0.6% QoQ
-0.8% 3.3%
+9.3% YoY
3.7%
+8.5% YoY
3.7%
+5.0% YoY
Bottom 10.2% in tier
Efficiency Ratio 84.8%
-2.6% YoY-1.4% QoQ
+10.8% 74.0%
-10.9% YoY
76.1%
-1.3% YoY
79.1%
-3.3% YoY
Top 9.5% in tier
Delinquency Rate 0.3%
+1.9% YoY+18.2% QoQ
-0.5 0.8%
+6.1% YoY
0.9%
-19.7% YoY
1.2%
-0.9% YoY
Bottom 12.5% in tier
Loan To Share 51.3%
-5.4% YoY+2.4% QoQ
-33.9% 85.2%
-0.8% YoY
68.1%
+0.3% YoY
68.0%
-1.7% YoY
Bottom 2.3% in tier
AMR $30,135
+5.3% YoY-0.5% QoQ
+$962 $29,172
+2.8% YoY
$22,054
+2.5% YoY
$19,418
+1.3% YoY
64%
CD Concentration 23.7%
+26.6% YoY+6.1% QoQ
-5.3% 29.0%
+0.7% YoY
18.6%
+6.0% YoY
19.6%
+6.2% YoY
26%
Indirect Auto % 13.4%
-25.3% YoY-6.6% QoQ
-5.4% 18.8%
-3.0% YoY
11.9%
-2.7% YoY
7.9%
-2.9% YoY
43%

Signature Analysis

Strengths (2)

Credit Quality Leader

growth
#50 of 95 • Top 52.1% in tier

Best-in-class credit quality (delinquency in bottom 25% of peer group). Conservative underwriting paying off.

Why This Signature
Delinquency Rate: 0.30%
(Tier: 0.83%, National: 1.23%)
better than tier avg
Delinquency Change (YoY): 0.01% points
(Tier: 0.07% points, National: 0.07% points)
better than tier avg
95 of 380 Mid-Market CUs have this signature | 457 nationally
→ Stable (93→95 CUs) +2 CUs YoY

Wallet Share Momentum

growth
#110 of 116 • Top 94.8% in tier

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

Why This Signature
AMR Growth (YoY): 5.34%
(Tier: 3.04%, National: 4.19%)
better than tier avg
116 of 380 Mid-Market CUs have this signature | 620 nationally
↑ Growing +38 CUs YoY | New qualifier

Concerns (4)

Efficiency Drag

risk
#20 of 96 • Bottom 5.8% in tier

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

Why This Signature
Efficiency Ratio: 84.77%
(Tier: 73.43%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.06% points
(Tier: 0.07% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -1.90%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
96 of 380 Mid-Market CUs have this signature | 624 nationally
↓ Shrinking -32 CUs YoY | Rank worsening

Membership Headwinds

decline
#53 of 85 • Bottom 21.8% in tier

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

Why This Signature
Member Growth (YoY): -1.90%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | Rank worsening

Stagnation Risk

risk
#57 of 85 • Bottom 23.4% 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): -1.90%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -0.37%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
Delinquency Rate: 0.30%
(Tier: 0.83%, National: 1.23%)
but better than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#210 of 217 • Bottom 27.3% in tier

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

Why This Signature
Delinquency Change (YoY): 0.01% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank worsening

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 (3 metrics)

8
Members Per Employee (MPE)
engagement
Value: 549.655
Peer Avg: -
#8 of 304 Top 2.3% in 1B-3B tier
19
Net Charge-Off Rate
risk
Value: 0.11%
Peer Avg: -
#19 of 304 Top 5.9% in 1B-3B tier
39
Total Delinquency Rate (60+ days)
risk
Value: 0.30%
Peer Avg: -
#39 of 304 Top 12.5% in 1B-3B tier

Top Weaknesses (12 metrics)

300
Total Loans
balance_sheet
Value: $488.86M
Peer Avg: -
#300 of 304 Bottom 1.6% in 1B-3B tier
297
Loan-to-Share Ratio
balance_sheet
Value: 51.34%
Peer Avg: -
#297 of 304 Bottom 2.6% in 1B-3B tier
295
Fee Income Per Member
profitability
Value: $88.45
Peer Avg: -
#295 of 304 Bottom 3.3% in 1B-3B tier
293
Total Members
engagement
Value: 47,820
Peer Avg: -
#293 of 304 Bottom 3.9% in 1B-3B tier
280
Total Assets
balance_sheet
Value: $1.07B
Peer Avg: -
#280 of 304 Bottom 8.2% in 1B-3B tier
276
Efficiency Ratio
profitability
Value: 84.77%
Peer Avg: -
#276 of 304 Bottom 9.5% in 1B-3B tier
273
Net Interest Margin (NIM)
profitability
Value: 2.49%
Peer Avg: -
#273 of 304 Bottom 10.5% in 1B-3B tier
262
Total Deposits
balance_sheet
Value: $952.17M
Peer Avg: -
#262 of 304 Bottom 14.1% in 1B-3B tier
254
Member Growth Rate
growth
Value: -1.90%
Peer Avg: -
#254 of 304 Bottom 16.8% in 1B-3B tier
245
Loan-to-Member Ratio (LMR)
engagement
Value: $10,223
Peer Avg: -
#245 of 304 Bottom 19.7% in 1B-3B tier
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