BlastPoint's Credit Union Scorecard

ELGA

Charter #61797 · MI

Mid-Market 1B-3B
302 CUs in 1B-3B nationally 19 in MI
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ELGA has 11 strengths but faces 7 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 0.8% in tier
  • + ROA 0.85% above tier average
  • + Net Interest Margin 0.62% above tier average
  • + Strong member growth: 10.4% YoY
  • + Net Worth Ratio: Top 0.7% in tier
  • + Fee Income Per Member: Top 2.0% in tier
  • + Asset Growth Rate: Top 4.0% in tier
  • + Deposit Growth Rate: Top 4.3% in tier
  • + Member Growth Rate: Top 5.6% in tier
  • + Efficiency Ratio: Top 6.6% in tier
  • + Share Certificate Concentration (%): Top 7.0% in tier

Key Concerns

Areas that may need attention

  • - Margin Compression: Bottom 11.1% in tier
  • - Liquidity Overhang: Bottom 12.5% in tier
  • - Indirect Auto Dependency: Bottom 48.2% in tier
  • - Shrinking Wallet Share: Bottom 71.8% in tier
  • - Delinquency rate 1.12% above tier average
  • - Total Delinquency Rate (60+ days): Bottom 4.3% in tier
  • - Net Charge-Off Rate: Bottom 7.0% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 109,016
+10.4% YoY-0.1% QoQ
+11.6K 97,431
-2.4% YoY
35,710
+6.8% YoY
33,374
+5.7% YoY
67%
Assets $1.8B
+16.7% YoY+2.9% QoQ
+$90.0M $1.7B
+0.9% YoY
$674.6M
+13.3% YoY
$561.6M
+9.7% YoY
63%
Loans $1.2B
-1.1% YoY-1.4% QoQ
$-51.8M $1.2B
+0.5% YoY
$472.4M
+13.5% YoY
$397.0M
+8.8% YoY
57%
Deposits $1.4B
+19.1% YoY+3.4% QoQ
$-97.6M $1.5B
+0.9% YoY
$573.0M
+13.1% YoY
$477.3M
+9.7% YoY
53%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 1.5%
-15.0% YoY-9.5% QoQ
+0.8% 0.7%
+20.9% YoY
0.9%
-8.5% YoY
0.7%
+15.9% YoY
Top 4.3% in tier
NIM 3.9%
-8.5% YoY-4.2% QoQ
+0.6% 3.3%
+9.2% YoY
3.8%
+7.8% YoY
3.8%
+5.1% YoY
Top 13.9% in tier
Efficiency Ratio 60.2%
+7.2% YoY+2.0% QoQ
-13.9% 74.1%
-9.5% YoY
75.4%
-1.6% YoY
79.7%
-3.3% YoY
Bottom 6.6% in tier
Delinquency Rate 2.0%
-10.9% YoY+8.5% QoQ
+1.1 0.9%
+6.2% YoY
0.9%
-8.5% YoY
1.3%
-2.1% YoY
Top 4.3% in tier
Loan To Share 86.8%
-17.0% YoY-4.7% QoQ
+2.1% 84.8%
-0.8% YoY
67.1%
-0.1% YoY
67.4%
-1.7% YoY
49%
AMR $23,339
-1.5% YoY+1.2% QoQ
$-6K $29,428
+2.4% YoY
$22,475
+5.7% YoY
$19,687
+2.0% YoY
22%
CD Concentration 16.0%
+33.0% YoY+1.4% QoQ
-13.1% 29.0% 18.6% 19.8% Bottom 6.9% in tier
Indirect Auto % 21.1%
-5.4% YoY-2.7% QoQ
+2.7% 18.3% 11.8% 7.8% 61%

Signature Analysis

Strengths (1)

Organic Growth Engine

growth
#3 of 247 • Top 0.8% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 10.38%
(Tier: 3.43%, National: 4.32%)
better than tier avg
Return on Assets: 1.53%
(Tier: 0.69%, National: 0.67%)
better than tier avg
Indirect Auto %: 21.06%
(Tier: 18.31%, National: 7.78%)
but worse than tier avg
247 of 378 Mid-Market CUs have this signature | 913 nationally
→ No prior data (247 CUs now) | New qualifier

Concerns (4)

Margin Compression

decline
#3 of 19 • Bottom 11.1% 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: 1.53%
(Tier: 0.69%, National: 0.67%)
but better than tier avg
ROA (Prior Year): 1.80%
(Tier: 0.57%, National: 0.62%)
but better than tier avg
ROA Change (YoY): -0.27% points
(Tier: 0.12% points, National: 0.02% points)
worse than tier avg
19 of 378 Mid-Market CUs have this signature | 145 nationally
→ No prior data (19 CUs now) | New qualifier

Liquidity Overhang

risk
#3 of 17 • Bottom 12.5% in tier

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

Why This Signature
Net Worth Ratio: 23.86%
(Tier: 11.27%, National: 14.49%)
but better than tier avg
Loan-to-Share Ratio: 86.85%
(Tier: 85.73%, National: 67.44%)
but better than tier avg
17 of 378 Mid-Market CUs have this signature | 155 nationally
→ Stable (16→17 CUs) +1 CUs YoY

Indirect Auto Dependency

risk
#95 of 196 • Bottom 48.2% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): 16.67%
(Tier: 6.83%, National: 3.54%)
but better than tier avg
Indirect Auto %: 21.06%
(Tier: 18.31%, National: 7.78%)
worse than tier avg
Member Growth (YoY): 10.38%
(Tier: 3.43%, National: 4.32%)
but better than tier avg
196 of 378 Mid-Market CUs have this signature | 745 nationally
↓ Shrinking -11 CUs YoY | Rank improving

Shrinking Wallet Share

decline
#57 of 79 • Bottom 71.8% in tier

Average member relationship declining year-over-year. Members may be moving money elsewhere or reducing engagement.

Why This Signature
AMR Growth (YoY): -1.46%
(Tier: 3.31%, National: 4.00%)
worse than tier avg
79 of 378 Mid-Market CUs have this signature | 303 nationally
↓ Shrinking -33 CUs YoY | Rank improving

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 302 peers in tier

Top Strengths (10 metrics)

3
Net Worth Ratio
risk
Value: 23.86%
Peer Median: -
#3 of 302 Top 0.7% in 1B-3B tier
7
Fee Income Per Member
profitability
Value: $393.94
Peer Median: -
#7 of 302 Top 2.0% in 1B-3B tier
13
Return on Assets (ROA)
profitability
Value: 1.53%
Peer Median: -
#13 of 302 Top 4.0% in 1B-3B tier
13
Asset Growth Rate
growth
Value: 16.67%
Peer Median: -
#13 of 302 Top 4.0% in 1B-3B tier
14
Deposit Growth Rate
growth
Value: 19.11%
Peer Median: -
#14 of 302 Top 4.3% in 1B-3B tier
18
Member Growth Rate
growth
Value: 10.38%
Peer Median: -
#18 of 302 Top 5.6% in 1B-3B tier
21
Efficiency Ratio
profitability
Value: 60.21%
Peer Median: -
#21 of 302 Top 6.6% in 1B-3B tier
22
Share Certificate Concentration (%)
balance_sheet
Value: 15.95%
Peer Median: -
#22 of 302 Top 7.0% in 1B-3B tier
37
First Mortgage Concentration (%)
balance_sheet
Value: 18.02%
Peer Median: -
#37 of 302 Top 11.9% in 1B-3B tier
42
Net Interest Margin (NIM)
profitability
Value: 3.90%
Peer Median: -
#42 of 302 Top 13.6% in 1B-3B tier

Top Weaknesses (6 metrics)

290
Total Delinquency Rate (60+ days)
risk
Value: 2.02%
Peer Median: -
#290 of 302 Bottom 4.3% in 1B-3B tier
282
Net Charge-Off Rate
risk
Value: 1.27%
Peer Median: -
#282 of 302 Bottom 7.0% in 1B-3B tier
254
AMR Growth Rate
growth
Value: -1.46%
Peer Median: -
#254 of 302 Bottom 16.2% in 1B-3B tier
251
Loan Growth Rate
growth
Value: -1.12%
Peer Median: -
#251 of 302 Bottom 17.2% in 1B-3B tier
237
Average Member Relationship (AMR)
engagement
Value: $23,339
Peer Median: -
#237 of 302 Bottom 21.9% in 1B-3B tier
230
Loan-to-Member Ratio (LMR)
engagement
Value: $10,848
Peer Median: -
#230 of 302 Bottom 24.2% in 1B-3B tier
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