BlastPoint's Credit Union Scorecard

COVANTAGE

Charter #66848 · WI

Mid-Market 3B-5B
76 CUs in 3B-5B nationally 5 in WI
View Mid-Market leaderboard →

COVANTAGE has 5 strengths but faces 5 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 8.1% in tier
  • + Organic Growth Leader: Top 22.0% in tier
  • + Relationship Depth Leader: Top 59.4% in tier
  • + ROA 0.34% above tier average
  • + Strong member growth: 6.8% YoY

Key Concerns

Areas that may need attention

  • - Credit Risk Growth: Bottom 1.8% in tier
  • - Credit Quality Pressure: Bottom 11.0% in tier
  • - Liquidity Strain: Bottom 12.7% in tier
  • - Indirect Auto Dependency: Bottom 73.8% in tier
  • - Delinquency rate 0.42% above tier average

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (WI) National Avg Tier Percentile
Members 183,625
+6.8% YoY+1.6% QoQ
-46.7K 230,353
-2.9% YoY
38,882
+6.1% YoY
33,374
+5.7% YoY
33%
Assets $4.1B
+10.1% YoY+1.9% QoQ
+$158.7M $3.9B
+0.3% YoY
$734.5M
+12.6% YoY
$561.6M
+9.7% YoY
57%
Loans $3.4B
+15.2% YoY+3.0% QoQ
+$428.1M $2.9B
-0.2% YoY
$568.1M
+11.9% YoY
$397.0M
+8.8% YoY
71%
Deposits $3.4B
+8.8% YoY+2.7% QoQ
+$95.5M $3.3B
-0.3% YoY
$617.8M
+12.3% YoY
$477.3M
+9.7% YoY
57%

See Your Full Scorecard

Unlock complete metrics, rankings, and AI-powered insights — always free

Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
AI-generated insights and rankings

Want to see an example first? Preview Navy Federal's scorecard →

ROA 1.1%
+62.7% YoY-4.6% QoQ
+0.3% 0.7%
+16.8% YoY
0.9%
+14.0% YoY
0.7%
+15.9% YoY
72%
NIM 2.8%
+17.2% YoY-1.2% QoQ
-0.3% 3.1%
+9.8% YoY
3.7%
+4.8% YoY
3.8%
+5.1% YoY
29%
Efficiency Ratio 60.7%
-9.2% YoY-0.7% QoQ
-10.7% 71.4%
-1.4% YoY
75.8%
-1.1% YoY
79.7%
-3.3% YoY
Bottom 13.2% in tier
Delinquency Rate 1.3%
+58.6% YoY+18.2% QoQ
+0.4 0.9%
+5.8% YoY
1.5%
+86.3% YoY
1.3%
-2.1% YoY
Top 14.5% in tier
Loan To Share 98.7%
+5.8% YoY+0.3% QoQ
+9.8% 88.9%
-0.2% YoY
80.0%
-0.6% YoY
67.4%
-1.7% YoY
76%
AMR $36,866
+4.7% YoY+1.3% QoQ
+$7K $29,682
+1.5% YoY
$23,366
+4.9% YoY
$19,687
+2.0% YoY
83%
CD Concentration 33.7%
+8.1% YoY+1.4% QoQ
+4.7% 29.0% 21.5% 19.8% 72%
Indirect Auto % 18.4%
+13.3% YoY+1.0% QoQ
+0.1% 18.3% 8.0% 7.8% 56%

Signature Analysis

Strengths (3)

Organic Growth Engine

growth
#21 of 247 • Top 8.1% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 6.83%
(Tier: 3.43%, National: 4.32%)
better than tier avg
Return on Assets: 1.06%
(Tier: 0.69%, National: 0.67%)
better than tier avg
Indirect Auto %: 18.37%
(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

Organic Growth Leader

growth
#32 of 142 • Top 22.0% in tier

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

Why This Signature
Member Growth (YoY): 6.83%
(Tier: 3.43%, National: 4.32%)
better than tier avg
Indirect Auto %: 18.37%
(Tier: 18.31%, National: 7.78%)
but worse than tier avg
142 of 378 Mid-Market CUs have this signature | 609 nationally
→ No prior data (142 CUs now) | New qualifier

Relationship Depth Leader

growth
#39 of 65 • Top 59.4% in tier

Top-tier average member relationship within peer group, with stable or growing engagement. Strong wallet share positioning.

Why This Signature
AMR Growth (YoY): 4.74%
(Tier: 3.31%, National: 4.00%)
better than tier avg
Share Draft per Member: $2.4K
(Tier: $3.2K, National: $2.0K)
but worse than tier avg
65 of 378 Mid-Market CUs have this signature | 351 nationally
↑ Growing +20 CUs YoY | New qualifier

Concerns (4)

Credit Risk Growth

risk
#4 of 164 • Bottom 1.8% in tier

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

Why This Signature
Loan Growth (YoY): 15.15%
(Tier: 6.38%, National: 111.96%)
but better than tier avg
Delinquency Change (YoY): 0.48% 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

Credit Quality Pressure

risk
#24 of 211 • Bottom 11.0% in tier

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

Why This Signature
Delinquency Change (YoY): 0.48% 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

Liquidity Strain

risk
#22 of 166 • Bottom 12.7% in tier

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

Why This Signature
Loan-to-Share Ratio: 98.74%
(Tier: 85.73%, National: 67.44%)
but better than tier avg
Loan Growth (YoY): 15.15%
(Tier: 6.38%, National: 111.96%)
but better than tier avg
166 of 378 Mid-Market CUs have this signature | 439 nationally
↓ Shrinking -7 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#145 of 196 • Bottom 73.8% in tier

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

Why This Signature
Asset Growth (YoY): 10.05%
(Tier: 6.83%, National: 3.54%)
but better than tier avg
Indirect Auto %: 18.37%
(Tier: 18.31%, National: 7.78%)
worse than tier avg
Member Growth (YoY): 6.83%
(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

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 76 peers in tier

Top Strengths (6 metrics)

11
Efficiency Ratio
profitability
Value: 60.74%
Peer Median: -
#11 of 76 Top 13.2% in 3B-5B tier
11
Loan Growth Rate
growth
Value: 15.15%
Peer Median: -
#11 of 76 Top 13.2% in 3B-5B tier
13
Member Growth Rate
growth
Value: 6.83%
Peer Median: -
#13 of 76 Top 15.8% in 3B-5B tier
13
Average Member Relationship (AMR)
engagement
Value: $36,866
Peer Median: -
#13 of 76 Top 15.8% in 3B-5B tier
13
Loan-to-Member Ratio (LMR)
engagement
Value: $18,316
Peer Median: -
#13 of 76 Top 15.8% in 3B-5B tier
18
Loan-to-Share Ratio
balance_sheet
Value: 98.74%
Peer Median: -
#18 of 76 Top 22.4% in 3B-5B tier

Top Weaknesses (2 metrics)

66
Total Delinquency Rate (60+ days)
risk
Value: 1.30%
Peer Median: -
#66 of 76 Bottom 14.5% in 3B-5B tier
59
Net Worth Ratio
risk
Value: 9.41%
Peer Median: -
#59 of 76 Bottom 23.7% in 3B-5B tier
Link copied to clipboard!