BlastPoint's Credit Union Scorecard

ELGA

Charter #61797 · MI

Mid-Market 1B-3B
306 CUs in 1B-3B nationally 21 in MI
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ELGA has 8 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 0.5% in tier
  • + Organic Growth Leader: Top 3.2% in tier
  • + Organic Growth Engine: Top 3.2% in tier
  • + ROA 0.20% above tier average
  • + Strong member growth: 17.3% YoY
  • + AMR Growth Rate: Top 0.3% in tier
  • + Deposit Growth Rate: Top 0.7% in tier
  • + Asset Growth Rate: Top 1.0% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Overhang: Bottom 2.9% in tier
  • - Cost Spiral: Bottom 4.7% in tier
  • - Margin Compression: Bottom 29.5% in tier
  • - Delinquency rate 0.37% above tier average

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 117,117
+17.3% YoY+7.4% QoQ
+21.1K 96,048
-2.7% YoY
36,022
+6.3% YoY
33,913
+5.7% YoY
72%
Assets $2.5B
+53.9% YoY+36.0% QoQ
+$746.0M $1.7B
+0.4% YoY
$705.1M
+14.1% YoY
$578.3M
+9.0% YoY
84%
Loans $1.6B
+36.7% YoY+36.6% QoQ
+$402.1M $1.2B
+0.2% YoY
$480.6M
+13.6% YoY
$402.4M
+8.7% YoY
78%
Deposits $2.0B
+69.4% YoY+47.2% QoQ
+$539.0M $1.5B
+0.5% YoY
$601.5M
+14.1% YoY
$494.3M
+9.1% YoY
80%

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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 0.9%
-39.1% YoY-39.7% QoQ
+0.2% 0.7%
+27.6% YoY
0.9%
+85.7% YoY
0.4%
-39.2% YoY
72%
NIM 3.1%
-26.7% YoY-20.1% QoQ
-0.2% 3.4%
+6.2% YoY
3.7%
+3.8% YoY
3.8%
+4.1% YoY
31%
Efficiency Ratio 70.2%
+13.4% YoY+16.7% QoQ
-4.4% 74.6%
-3.0% YoY
75.8%
-7.1% YoY
84.6%
+2.8% YoY
31%
Delinquency Rate 1.1%
-35.2% YoY-44.2% QoQ
+0.4 0.8%
+6.9% YoY
0.7%
-7.8% YoY
1.2%
+3.4% YoY
85%
Loan To Share 80.6%
-19.3% YoY-7.2% QoQ
-2.6% 83.2%
-0.4% YoY
65.1%
-0.0% YoY
65.6%
-1.4% YoY
35%
AMR $30,912
+30.5% YoY+32.4% QoQ
+$1K $29,652
+2.3% YoY
$22,971
+5.9% YoY
$19,920
+1.6% YoY
64%
CD Concentration 18.1%
+42.2% YoY+13.3% QoQ
-10.8% 28.8% 18.6% 19.8% Bottom 10.2% in tier
Indirect Auto % 14.7%
-33.7% YoY-30.1% QoQ
-3.4% 18.1% 11.7% 7.7% 48%

Signature Analysis

Strengths (3)

Wallet Share Momentum

growth
#2 of 125 • Top 0.5% in tier

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

Why This Signature
AMR Growth (YoY): 30.53%
(Tier: 3.34%, National: 6.36%)
better than tier avg
125 of 384 Mid-Market CUs have this signature | 637 nationally
↑ Growing +31 CUs YoY | New qualifier

Organic Growth Leader

growth
#3 of 116 • Top 3.2% in tier

Attracting members (0.5-50% YoY) without heavy indirect auto dependency (<15%). Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 17.28%
(Tier: 3.50%, National: 10.19%)
better than tier avg
Indirect Auto %: 14.72%
(Tier: 18.07%, National: 7.73%)
better than tier avg
116 of 384 Mid-Market CUs have this signature | 518 nationally
→ No prior data (116 CUs now) | New qualifier

Organic Growth Engine

growth
#22 of 115 • Top 3.2% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 17.28%
(Tier: 3.50%, National: 10.19%)
better than tier avg
Return on Assets: 0.92%
(Tier: 0.72%, National: 0.39%)
better than tier avg
Indirect Auto %: 14.72%
(Tier: 18.07%, National: 7.73%)
better than tier avg
115 of 384 Mid-Market CUs have this signature | 499 nationally
→ No prior data (115 CUs now) | New qualifier

Concerns (3)

Cost Spiral

risk
#2 of 11 • Bottom 4.7% in tier

Historically lean operator (<75% efficiency) now seeing 5+ point efficiency ratio increase despite strong profitability (>0.50% ROA). Efficiency advantage eroding.

Why This Signature
Efficiency Ratio Change: 8.28% points
(Tier: -2.46% points, National: 2.52% points)
worse than tier avg
Efficiency Ratio (Prior Year): 49.32%
(Tier: 53.09%, National: 64.04%)
but better than tier avg
11 of 384 Mid-Market CUs have this signature | 96 nationally
↓ Shrinking -10 CUs YoY | Rank improving

Margin Compression

decline
#4 of 24 • Bottom 29.5% in tier

Profitability above 0.75% ROA but margins eroding by at least 0.10%. Something changed - rising costs or falling yields need addressing.

Why This Signature
Return on Assets: 0.92%
(Tier: 0.72%, National: 0.39%)
but better than tier avg
ROA (Prior Year): 1.51%
(Tier: 0.58%, National: 0.75%)
but better than tier avg
ROA Change (YoY): -0.59% points
(Tier: 0.14% points, National: -0.45% points)
worse than tier avg
24 of 384 Mid-Market CUs have this signature | 162 nationally
→ No prior data (24 CUs now) | New qualifier

Liquidity Overhang

risk
#5 of 15 • Bottom 2.9% in tier

Exceptional capital position (>16%, top quartile). Strong fundamentals—opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 17.77%
(Tier: 11.28%, National: 14.35%)
but better than tier avg
Loan-to-Share Ratio: 80.61%
(Tier: 84.20%, National: 65.58%)
worse than tier avg
15 of 384 Mid-Market CUs have this signature | 143 nationally
→ Stable (16→15 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)

Comparing against 306 peers in tier

Top Strengths (11 metrics)

2
AMR Growth Rate
growth
Value: 30.53%
Peer Median: 3.15%
#2 of 306 Top 0.3% in 1B-3B tier
3
Deposit Growth Rate
growth
Value: 69.45%
Peer Median: 4.44%
#3 of 306 Top 0.7% in 1B-3B tier
4
Asset Growth Rate
growth
Value: 53.91%
Peer Median: 4.82%
#4 of 306 Top 1.0% in 1B-3B tier
8
Member Growth Rate
growth
Value: 17.28%
Peer Median: 2.03%
#8 of 306 Top 2.3% in 1B-3B tier
8
Loan Growth Rate
growth
Value: 36.72%
Peer Median: 5.67%
#8 of 306 Top 2.3% in 1B-3B tier
11
Net Worth Ratio
risk
Value: 17.77%
Peer Median: 10.85%
#11 of 306 Top 3.3% in 1B-3B tier
30
Fee Income Per Member
profitability
Value: $308.55
Peer Median: $191.54
#30 of 306 Top 9.5% in 1B-3B tier
34
Share Certificate Concentration (%)
balance_sheet
Value: 18.07%
Peer Median: 27.93%
#34 of 306 Top 10.8% in 1B-3B tier
50
Total Assets
balance_sheet
Value: $2.47B
Peer Median: $1.51B
#50 of 306 Top 16.0% in 1B-3B tier
61
Total Deposits
balance_sheet
Value: $2.00B
Peer Median: $1.31B
#61 of 306 Top 19.6% in 1B-3B tier

Top Weaknesses (3 metrics)

275
Members Per Employee (MPE)
engagement
Value: 264.971
Peer Median: 345.077
#275 of 306 Bottom 10.5% in 1B-3B tier
260
Total Delinquency Rate (60+ days)
risk
Value: 1.13%
Peer Median: 0.63%
#260 of 306 Bottom 15.4% in 1B-3B tier
245
Net Charge-Off Rate
risk
Value: 0.82%
Peer Median: 0.51%
#245 of 306 Bottom 20.3% in 1B-3B tier
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