BlastPoint's Credit Union Scorecard

BEGINNINGS

Charter #68322 · NY

Mid-Market 1B-3B
304 CUs in 1B-3B nationally 13 in NY
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BEGINNINGS has 3 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 63.5% in tier
  • + ROA 0.06% above tier average
  • + Net Interest Margin 0.18% above tier average

Key Concerns

Areas that may need attention

  • - Stagnation Risk: Bottom 9.6% in tier
  • - Membership Headwinds: Bottom 19.2% in tier
  • - Indirect Auto Dependency: Bottom 21.6% in tier
  • - Efficiency ratio 4.07% above tier (higher cost structure)
  • - Delinquency rate 0.14% above tier average
  • - Member decline: -2.4% YoY

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NY) National Avg Tier Percentile
Members 77,088
-2.4% YoY+0.1% QoQ
-21.6K 98,678
-1.9% YoY
25,964
+5.4% YoY
33,089
+6.1% YoY
36%
Assets $1.5B
+4.6% YoY+1.1% QoQ
$-266.1M $1.7B
+0.5% YoY
$471.3M
+6.4% YoY
$547.7M
+7.8% YoY
45%
Loans $1.1B
+2.7% YoY+1.4% QoQ
$-182.2M $1.2B
+0.5% YoY
$316.5M
+7.1% YoY
$388.7M
+8.6% YoY
43%
Deposits $1.2B
+5.4% YoY+0.8% QoQ
$-218.2M $1.5B
+1.3% YoY
$400.0M
+7.6% YoY
$464.6M
+9.3% YoY
45%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.8%
+45.6% YoY+25.6% QoQ
+0.1% 0.7%
+13.4% YoY
0.9%
+294.0% YoY
0.7%
+273.4% YoY
61%
NIM 3.4%
+1.3% YoY+2.3% QoQ
+0.2% 3.3%
+9.3% YoY
3.6%
+5.0% YoY
3.7%
+5.0% YoY
61%
Efficiency Ratio 78.0%
-5.1% YoY-2.6% QoQ
+4.1% 74.0%
-10.9% YoY
80.1%
-6.2% YoY
79.1%
-3.3% YoY
65%
Delinquency Rate 1.0%
-9.1% YoY-6.1% QoQ
+0.1 0.8%
+6.1% YoY
1.7%
-8.3% YoY
1.2%
-0.9% YoY
74%
Loan To Share 85.0%
-2.5% YoY+0.6% QoQ
-0.2% 85.2%
-0.8% YoY
61.5%
-2.3% YoY
68.0%
-1.7% YoY
42%
AMR $29,667
+6.7% YoY+1.0% QoQ
+$495 $29,172
+2.8% YoY
$19,040
-21.7% YoY
$19,418
+1.3% YoY
62%
CD Concentration 25.8%
+31.1% YoY+12.9% QoQ
-3.2% 29.0%
+0.7% YoY
15.9%
+8.4% YoY
19.6%
+6.2% YoY
37%
Indirect Auto % 18.0%
-12.9% YoY-1.9% QoQ
-0.8% 18.8%
-3.0% YoY
2.6%
-3.7% YoY
7.9%
-2.9% YoY
54%

Signature Analysis

Strengths (1)

Wallet Share Momentum

growth
#74 of 116 • Top 63.5% in tier

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

Why This Signature
AMR Growth (YoY): 6.73%
(Tier: 3.04%, National: 4.19%)
better than tier avg
116 of 380 Mid-Market CUs have this signature | 620 nationally
↑ Growing +38 CUs YoY | New qualifier

Concerns (3)

Stagnation Risk

risk
#24 of 85 • Bottom 9.6% in tier

Membership declining year-over-year. Shrinking member base creates long-term risk even if current operations appear healthy.

Why This Signature
Member Growth (YoY): -2.43%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): 2.71%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
Delinquency Rate: 0.97%
(Tier: 0.83%, National: 1.23%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY

Membership Headwinds

decline
#47 of 85 • Bottom 19.2% in tier

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

Why This Signature
Member Growth (YoY): -2.43%
(Tier: 3.18%, National: 9.37%)
worse than tier avg
85 of 380 Mid-Market CUs have this signature | 648 nationally
↑ Growing +6 CUs YoY | Rank worsening

Indirect Auto Dependency

risk
#134 of 202 • Bottom 21.6% in tier

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

Why This Signature
Asset Growth (YoY): 4.64%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 18.02%
(Tier: 18.77%, National: 7.90%)
but better than tier avg
Member Growth (YoY): -2.43%
(Tier: 3.18%, National: 9.37%)
worse 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 304 peers in tier

Top Strengths (2 metrics)

32
Net Worth Ratio
risk
Value: 14.21%
Peer Avg: -
#32 of 304 Top 10.2% in 1B-3B tier
60
AMR Growth Rate
growth
Value: 6.73%
Peer Avg: -
#60 of 304 Top 19.4% in 1B-3B tier

Top Weaknesses (2 metrics)

263
First Mortgage Concentration (%)
balance_sheet
Value: 49.78%
Peer Avg: -
#263 of 304 Bottom 13.8% in 1B-3B tier
259
Member Growth Rate
growth
Value: -2.43%
Peer Avg: -
#259 of 304 Bottom 15.1% in 1B-3B tier
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