BlastPoint's Credit Union Scorecard

HONOR

Charter #63004 · MI

Mid-Market 1B-3B
302 CUs in 1B-3B nationally 19 in MI
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HONOR has 4 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 75.4% in tier
  • + ROA 0.16% above tier average
  • + Net Interest Margin 0.97% above tier average
  • + Fee Income Per Member: Top 7.6% in tier

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 47.1% in tier
  • - Stagnation Risk: Bottom 57.1% in tier
  • - Membership Headwinds: Bottom 63.1% in tier
  • - Credit Risk Growth: Bottom 71.2% in tier
  • - Margin Compression: Bottom 83.3% in tier
  • - Efficiency ratio 4.72% above tier (higher cost structure)
  • - Delinquency rate 0.28% above tier average
  • - Members Per Employee (MPE): Bottom 2.0% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 105,536
-1.7% YoY-1.7% QoQ
+8.1K 97,431
-2.4% YoY
35,710
+6.8% YoY
33,374
+5.7% YoY
65%
Assets $1.8B
+6.1% YoY+1.2% QoQ
+$85.2M $1.7B
+0.9% YoY
$674.6M
+13.3% YoY
$561.6M
+9.7% YoY
63%
Loans $1.4B
+3.3% YoY-0.7% QoQ
+$134.5M $1.2B
+0.5% YoY
$472.4M
+13.5% YoY
$397.0M
+8.8% YoY
67%
Deposits $1.5B
+5.5% YoY+1.2% QoQ
+$90.0M $1.5B
+0.9% YoY
$573.0M
+13.1% YoY
$477.3M
+9.7% YoY
63%

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Tier 1
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Performance signatures (strengths & concerns)
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ROA 0.8%
-12.3% YoY+4.7% QoQ
+0.2% 0.7%
+20.9% YoY
0.9%
-8.5% YoY
0.7%
+15.9% YoY
66%
NIM 4.2%
+5.5% YoY+1.3% QoQ
+1.0% 3.3%
+9.2% YoY
3.8%
+7.8% YoY
3.8%
+5.1% YoY
Top 6.6% in tier
Efficiency Ratio 78.8%
+3.6% YoY+0.2% QoQ
+4.7% 74.1%
-9.5% YoY
75.4%
-1.6% YoY
79.7%
-3.3% YoY
70%
Delinquency Rate 1.2%
+14.7% YoY+28.3% QoQ
+0.3 0.9%
+6.2% YoY
0.9%
-8.5% YoY
1.3%
-2.1% YoY
78%
Loan To Share 88.4%
-2.0% YoY-1.9% QoQ
+3.6% 84.8%
-0.8% YoY
67.1%
-0.1% YoY
67.4%
-1.7% YoY
53%
AMR $27,652
+6.3% YoY+2.1% QoQ
$-2K $29,428
+2.4% YoY
$22,475
+5.7% YoY
$19,687
+2.0% YoY
48%
CD Concentration 21.2%
-4.7% YoY+0.6% QoQ
-7.9% 29.0% 18.6% 19.8% 17%
Indirect Auto % 13.1%
-16.0% YoY-3.0% QoQ
-5.2% 18.3% 11.8% 7.8% 44%

Signature Analysis

Strengths (1)

Wallet Share Momentum

growth
#93 of 123 • Top 75.4% in tier

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

Why This Signature
AMR Growth (YoY): 6.28%
(Tier: 3.31%, National: 4.00%)
better than tier avg
123 of 378 Mid-Market CUs have this signature | 662 nationally
↑ Growing +38 CUs YoY | New qualifier

Concerns (5)

Credit Quality Pressure

risk
#100 of 211 • Bottom 47.1% in tier

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

Why This Signature
Delinquency Change (YoY): 0.15% points
(Tier: 0.06% points, National: 0.06% points)
worse than tier avg
211 of 378 Mid-Market CUs have this signature | 969 nationally
↓ Shrinking -59 CUs YoY | Rank improving

Stagnation Risk

risk
#49 of 85 • Bottom 57.1% 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): -1.71%
(Tier: 3.43%, National: 4.32%)
worse than tier avg
Loan Growth (YoY): 3.34%
(Tier: 6.38%, National: 111.96%)
worse than tier avg
Delinquency Rate: 1.18%
(Tier: 0.89%, National: 1.28%)
worse than tier avg
85 of 378 Mid-Market CUs have this signature | 652 nationally
→ No prior data (85 CUs now) | New qualifier

Membership Headwinds

decline
#54 of 85 • Bottom 63.1% in tier

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

Why This Signature
Member Growth (YoY): -1.71%
(Tier: 3.43%, National: 4.32%)
worse than tier avg
85 of 378 Mid-Market CUs have this signature | 652 nationally
→ No prior data (85 CUs now) | New qualifier

Credit Risk Growth

risk
#117 of 164 • Bottom 71.2% in tier

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

Why This Signature
Loan Growth (YoY): 3.34%
(Tier: 6.38%, National: 111.96%)
worse than tier avg
Delinquency Change (YoY): 0.15% points
(Tier: 0.06% points, National: 0.06% points)
worse than tier avg
164 of 378 Mid-Market CUs have this signature | 665 nationally
→ No prior data (164 CUs now) | New qualifier

Margin Compression

decline
#16 of 19 • Bottom 83.3% 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: 0.84%
(Tier: 0.69%, National: 0.67%)
but better than tier avg
ROA (Prior Year): 0.96%
(Tier: 0.57%, National: 0.62%)
but better than tier avg
ROA Change (YoY): -0.12% 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

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 (4 metrics)

20
Net Interest Margin (NIM)
profitability
Value: 4.24%
Peer Median: -
#20 of 302 Top 6.3% in 1B-3B tier
24
Fee Income Per Member
profitability
Value: $312.74
Peer Median: -
#24 of 302 Top 7.6% in 1B-3B tier
54
Share Certificate Concentration (%)
balance_sheet
Value: 21.16%
Peer Median: -
#54 of 302 Top 17.5% in 1B-3B tier
76
AMR Growth Rate
growth
Value: 6.28%
Peer Median: -
#76 of 302 Top 24.8% in 1B-3B tier

Top Weaknesses (4 metrics)

297
Members Per Employee (MPE)
engagement
Value: 218.954
Peer Median: -
#297 of 302 Bottom 2.0% in 1B-3B tier
252
Member Growth Rate
growth
Value: -1.71%
Peer Median: -
#252 of 302 Bottom 16.9% in 1B-3B tier
239
First Mortgage Concentration (%)
balance_sheet
Value: 44.06%
Peer Median: -
#239 of 302 Bottom 21.2% in 1B-3B tier
238
Total Delinquency Rate (60+ days)
risk
Value: 1.18%
Peer Median: -
#238 of 302 Bottom 21.5% in 1B-3B tier
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