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 6 strengths but faces 3 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 3.3% in tier
  • + Organic Growth Leader: Top 8.9% in tier
  • + Relationship Depth Leader: Top 63.6% in tier
  • + Profitability Leader: Top 76.6% in tier
  • + ROA 0.36% above tier average
  • + Strong member growth: 5.7% YoY

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 6.7% in tier
  • - Indirect Auto Dependency: Bottom 25.7% in tier
  • - Delinquency rate 0.26% above tier average

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (WI) National Avg Tier Percentile
Members 180,821
+5.7% YoY+2.2% QoQ
-57.6K 238,465
+0.6% YoY
38,719
+8.7% YoY
33,089
+6.1% YoY
28%
Assets $4.0B
+7.7% YoY+5.0% QoQ
+$53.4M $4.0B
-0.1% YoY
$717.4M
+12.8% YoY
$547.7M
+7.8% YoY
51%
Loans $3.3B
+13.4% YoY+4.1% QoQ
+$246.8M $3.0B
+3.3% YoY
$555.6M
+13.3% YoY
$388.7M
+8.6% YoY
64%
Deposits $3.3B
+6.6% YoY+3.9% QoQ
$-15.2M $3.3B
+1.1% YoY
$603.1M
+13.2% YoY
$464.6M
+9.3% YoY
53%

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%
+54.7% YoY+7.8% QoQ
+0.4% 0.7%
+5.3% YoY
0.7%
-20.1% YoY
0.7%
+273.4% YoY
71%
NIM 2.9%
+13.9% YoY+1.2% QoQ
-0.4% 3.2%
+13.7% YoY
3.5%
-0.2% YoY
3.7%
+5.0% YoY
29%
Efficiency Ratio 61.2%
-6.6% YoY-2.4% QoQ
-10.1% 71.3%
-0.6% YoY
74.2%
-2.5% YoY
79.1%
-3.3% YoY
18%
Delinquency Rate 1.1%
-0.0% YoY+60.3% QoQ
+0.3 0.8%
+15.9% YoY
1.0%
+20.8% YoY
1.2%
-0.9% YoY
76%
Loan To Share 98.4%
+6.4% YoY+0.2% QoQ
+7.6% 90.8%
+2.0% YoY
80.3%
+0.1% YoY
68.0%
-1.7% YoY
68%
AMR $36,410
+3.9% YoY+1.8% QoQ
+$7K $29,088
+0.1% YoY
$22,950
+4.4% YoY
$19,418
+1.3% YoY
Top 14.5% in tier
CD Concentration 33.3%
+3.6% YoY+8.3% QoQ
+4.3% 29.0%
+0.7% YoY
21.1%
+6.2% YoY
19.6%
+6.2% YoY
72%
Indirect Auto % 18.2%
+4.9% YoY+7.9% QoQ
-0.6% 18.8%
-3.0% YoY
8.1%
-7.1% YoY
7.9%
-2.9% YoY
54%

Signature Analysis

Strengths (4)

Organic Growth Engine

growth
#25 of 246 • Top 3.3% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 5.71%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 1.11%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 18.19%
(Tier: 18.77%, National: 7.90%)
better than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank improving

Organic Growth Leader

growth
#36 of 138 • Top 8.9% in tier

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

Why This Signature
Member Growth (YoY): 5.71%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Indirect Auto %: 18.19%
(Tier: 18.77%, National: 7.90%)
better than tier avg
138 of 380 Mid-Market CUs have this signature | 608 nationally
↑ Growing +11 CUs YoY | Rank improving

Relationship Depth Leader

growth
#43 of 67 • Top 63.6% 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): 3.89%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.4K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
67 of 380 Mid-Market CUs have this signature | 341 nationally
↑ Growing +25 CUs YoY

Profitability Leader

growth
#73 of 95 • Top 76.6% in tier

Top-tier profitability (ROA in top 25% of peer group). Strong fundamentals and operational efficiency.

Why This Signature
Return on Assets: 1.11%
(Tier: 0.71%, National: 0.71%)
better than tier avg
ROA Change (YoY): 0.39% points
(Tier: 0.07% points, National: 0.05% points)
better than tier avg
95 of 380 Mid-Market CUs have this signature | 457 nationally
→ Stable (93→95 CUs) +2 CUs YoY | New qualifier

Concerns (2)

Liquidity Strain

risk
#36 of 183 • Bottom 6.7% in tier

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

Why This Signature
Loan-to-Share Ratio: 98.43%
(Tier: 86.32%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 13.36%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#159 of 202 • Bottom 25.7% in tier

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

Why This Signature
Asset Growth (YoY): 7.73%
(Tier: 5.36%, National: 3.04%)
but better than tier avg
Indirect Auto %: 18.19%
(Tier: 18.77%, National: 7.90%)
but better than tier avg
Member Growth (YoY): 5.71%
(Tier: 3.18%, National: 9.37%)
but better than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 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 (4 metrics)

11
Average Member Relationship (AMR)
engagement
Value: $36,410
Peer Avg: -
#11 of 76 Top 13.2% in 3B-5B tier
11
Loan-to-Member Ratio (LMR)
engagement
Value: $18,061
Peer Avg: -
#11 of 76 Top 13.2% in 3B-5B tier
12
Loan Growth Rate
growth
Value: 13.36%
Peer Avg: -
#12 of 76 Top 14.5% in 3B-5B tier
15
Efficiency Ratio
profitability
Value: 61.20%
Peer Avg: -
#15 of 76 Top 18.4% in 3B-5B tier

Top Weaknesses (2 metrics)

60
Net Worth Ratio
risk
Value: 9.34%
Peer Avg: -
#60 of 76 Bottom 22.4% in 3B-5B tier
59
Total Delinquency Rate (60+ days)
risk
Value: 1.10%
Peer Avg: -
#59 of 76 Bottom 23.7% in 3B-5B tier
Link copied to clipboard!