BlastPoint's Credit Union Scorecard

STATE EMPLOYEES CU OF MARYLAND, INC

Charter #66330 · MD

Large 5B-7B
34 CUs in 5B-7B nationally 2 in MD
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STATE EMPLOYEES CU OF MARYLAND, INC has 5 strengths but faces 7 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 19.3% in tier
  • + Organic Growth Engine: Top 23.0% in tier
  • + Emerging Performer: Top 90.0% in tier
  • + Net Interest Margin 0.13% above tier average
  • + Members Per Employee (MPE): Top 8.8% in tier

Key Concerns

Areas that may need attention

  • - Credit Quality Pressure: Bottom 4.9% in tier
  • - Credit Risk Growth: Bottom 8.2% in tier
  • - Liquidity Strain: Bottom 15.3% in tier
  • - ROA 0.17% below tier average
  • - Efficiency ratio 6.37% above tier (higher cost structure)
  • - Delinquency rate 0.07% above tier average
  • - First Mortgage Concentration (%): Bottom 8.8% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MD) National Avg Tier Percentile
Members 269,179
+3.0% YoY+0.8% QoQ
-20.5K 289,724
-2.8% YoY
34,720
+7.7% YoY
33,089
+6.1% YoY
41%
Assets $5.7B
-0.2% YoY+0.9% QoQ
$-105.4M $5.8B
+0.2% YoY
$624.1M
+9.4% YoY
$547.7M
+7.8% YoY
50%
Loans $4.5B
+6.4% YoY+1.1% QoQ
+$435.3M $4.1B
-3.1% YoY
$452.1M
+10.3% YoY
$388.7M
+8.6% YoY
65%
Deposits $4.7B
+2.1% YoY+0.1% QoQ
$-153.3M $4.9B
+2.2% YoY
$528.8M
+10.3% YoY
$464.6M
+9.3% YoY
44%

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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 0.6%
-4.4% YoY+12.0% QoQ
-0.2% 0.8%
+15.5% YoY
0.6%
+23.1% YoY
0.7%
+273.4% YoY
32%
NIM 3.0%
+9.3% YoY+1.0% QoQ
+0.1% 2.9%
+3.9% YoY
3.5%
+4.2% YoY
3.7%
+5.0% YoY
53%
Efficiency Ratio 74.5%
+6.0% YoY-0.9% QoQ
+6.4% 68.1%
-1.7% YoY
78.6%
-6.6% YoY
79.1%
-3.3% YoY
79%
Delinquency Rate 0.7%
+59.2% YoY+12.0% QoQ
+0.1 0.6%
-2.2% YoY
1.2%
+5.3% YoY
1.2%
-0.9% YoY
59%
Loan To Share 95.4%
+4.2% YoY+1.0% QoQ
+11.8% 83.6%
-5.7% YoY
65.0%
-0.2% YoY
68.0%
-1.7% YoY
79%
AMR $34,374
+1.1% YoY-0.2% QoQ
$-23 $34,398
+4.0% YoY
$20,685
+4.6% YoY
$19,418
+1.3% YoY
65%
CD Concentration 36.6%
-0.5% YoY+3.9% QoQ
+7.7% 28.9%
-1.3% YoY
20.4%
+10.6% YoY
19.6%
+6.2% YoY
78%
Indirect Auto % 1.3%
+3.2% YoY+6.8% QoQ
-15.3% 16.6%
-10.3% YoY
7.4%
+4.0% YoY
7.9%
-2.9% YoY
17%

Signature Analysis

Strengths (3)

Organic Growth Leader

growth
#17 of 28 • Top 19.3% in tier

Attracting members (0.5-50% YoY) without heavy indirect auto dependency (<20%). Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 3.04%
(Tier: 3.07%, National: 9.37%)
but worse than tier avg
Indirect Auto %: 1.30%
(Tier: 16.60%, National: 7.90%)
better than tier avg
28 of 64 Large CUs have this signature | 608 nationally
→ Stable (28→28 CUs)

Organic Growth Engine

growth
#35 of 50 • Top 23.0% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 3.04%
(Tier: 3.07%, National: 9.37%)
but worse than tier avg
Return on Assets: 0.64%
(Tier: 0.91%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 1.30%
(Tier: 16.60%, National: 7.90%)
better than tier avg
50 of 64 Large CUs have this signature | 917 nationally
→ Stable (52→50 CUs) -2 CUs YoY | Rank worsening

Emerging Performer

growth
#19 of 21 • Top 90.0% in tier

Smaller CU (bottom 50% by assets in tier) with strong profitability (ROA > 0.5%) AND growth (members >= 1%). Emerging leaders worth watching.

Why This Signature
Return on Assets: 0.64%
(Tier: 0.91%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): 3.04%
(Tier: 3.07%, National: 9.37%)
but worse than tier avg
21 of 64 Large CUs have this signature | 288 nationally
→ Stable (17→21 CUs) +4 CUs YoY | Rank worsening

Concerns (3)

Credit Quality Pressure

risk
#7 of 34 • Bottom 4.9% in tier

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

Why This Signature
Delinquency Change (YoY): 0.26% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
34 of 64 Large CUs have this signature | 1002 nationally
↓ Shrinking -17 CUs YoY | New qualifier

Credit Risk Growth

risk
#9 of 25 • Bottom 8.2% in tier

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

Why This Signature
Loan Growth (YoY): 6.44%
(Tier: 4.99%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.26% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
25 of 64 Large CUs have this signature | 646 nationally
↓ Shrinking -13 CUs YoY | New qualifier

Liquidity Strain

risk
#14 of 32 • Bottom 15.3% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 95.42%
(Tier: 84.48%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 6.44%
(Tier: 4.99%, National: 36.38%)
but better than tier avg
32 of 64 Large CUs have this signature | 484 nationally
→ Stable (27→32 CUs) +5 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 34 peers in tier

Top Strengths (3 metrics)

4
Members Per Employee (MPE)
engagement
Value: 589.013
Peer Avg: -
#4 of 34 Top 8.8% in 5B-7B tier
7
Loan-to-Share Ratio
balance_sheet
Value: 95.42%
Peer Avg: -
#7 of 34 Top 17.6% in 5B-7B tier
9
Indirect Auto Concentration (%)
balance_sheet
Value: 1.30%
Peer Avg: -
#9 of 34 Top 23.5% in 5B-7B tier

Top Weaknesses (4 metrics)

32
First Mortgage Concentration (%)
balance_sheet
Value: 61.23%
Peer Avg: -
#32 of 34 Bottom 8.8% in 5B-7B tier
30
Deposit Growth Rate
growth
Value: 2.12%
Peer Avg: -
#30 of 34 Bottom 14.7% in 5B-7B tier
29
Asset Growth Rate
growth
Value: -0.22%
Peer Avg: -
#29 of 34 Bottom 17.6% in 5B-7B tier
28
Efficiency Ratio
profitability
Value: 74.50%
Peer Avg: -
#28 of 34 Bottom 20.6% in 5B-7B tier
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