BlastPoint's Credit Union Scorecard

CONNEX

Charter #68511 · CT

Mid-Market 1B-3B

300 CUs in 1B-3B nationally 5 in CT

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CONNEX faces 8 concerns requiring attention

National Analysis

How does the industry compare?

Mid-Market Tier

What's your peer group doing?

CT Analysis

How does CT stack up?

Key Strengths

Areas where this CU excels compared to peers

No key strengths identified

Key Concerns

Areas that may need attention

- Efficiency Drag: Bottom 14.9% in tier
- Liquidity Strain: Bottom 18.9% in tier
- Stagnation Risk: Bottom 80.6% in tier
- Membership Headwinds: Bottom 80.6% in tier
- Indirect Auto Dependency: Bottom 87.9% in tier
- Institutional Decline: Bottom 94.4% in tier
- ROA 0.41% below tier average
- Efficiency ratio 8.70% above tier (higher cost structure)

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 2026 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

One of 300 credit unions with $1B-$3B in assets nationally, and 1 of 5 that size in Connecticut.
Shares and deposits +1.5% year over year ($903M in shares and deposits).
Membership: 69,473 members, -1.2% vs a year ago.
Delinquency rate 0.56%.
Return on assets 0.41%.
Efficiency ratio 81.72% vs a 73.02% peer average.
Loan-to-share ratio 99.08% vs a 84.71% peer average.

Data period: Q2 2026 NCUA call report. Animation disabled (reduced-motion preference). Full details in the metrics table below.

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (CT)	National Avg	Tier Percentile
Members	69,473 -1.2% YoY+1.2% QoQ	-27.4K	96,861 -1.9% YoY	14,203 +5.8% YoY	34,678 +6.6% YoY	26%
Assets	$1.1B +0.1% YoY+1.3% QoQ	$-666.5M	$1.7B +0.4% YoY	$248.5M +12.0% YoY	$593.1M +10.2% YoY	Bottom 7.0% in tier
Loans	$894.3M -1.3% YoY+0.9% QoQ	$-340.0M	$1.2B +0.7% YoY	$139.3M +11.4% YoY	$418.6M +10.1% YoY	26%
Deposits	$902.6M +1.5% YoY+0.9% QoQ	$-560.8M	$1.5B +0.5% YoY	$217.7M +11.5% YoY	$504.8M +10.3% YoY	Bottom 8.0% in tier

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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	0.4% +83.3% YoY+120.2% QoQ	-0.4%	0.8% +27.6% YoY	1.1% +193.3% YoY	1.2% +121.4% YoY	18%
NIM	2.6% +15.6% YoY+2.6% QoQ	-0.8%	3.4% +6.6% YoY	3.6% -1.0% YoY	3.8% +2.3% YoY	Bottom 6.7% in tier
Efficiency Ratio	81.7% -1.4% YoY-6.8% QoQ	+8.7%	73.0% -2.7% YoY	90.9% -27.8% YoY	83.0% -5.3% YoY	84%
Delinquency Rate	0.6% -22.7% YoY+0.6% QoQ	-0.3	0.9% +7.3% YoY	1.4% +21.8% YoY	1.3% +2.6% YoY	34%
Loan To Share	99.1% -2.7% YoY+0.0% QoQ	+14.4%	84.7% +0.1% YoY	53.6% -1.6% YoY	66.4% -1.4% YoY	84%
AMR	$25,864 +1.3% YoY-0.3% QoQ	$-4K	$29,575 +1.5% YoY	$17,514 +4.9% YoY	$20,028 -0.9% YoY	35%
CD Concentration	36.1% +1.9% YoY+2.2% QoQ	+7.1%	29.1%	14.9%	20.0%	80%
Indirect Auto %	39.6% -7.5% YoY-1.3% QoQ	+21.5%	18.1%	4.3%	7.7%	Bottom 10.4% in tier

Signature Analysis

Strengths (0)

No strengths identified

Concerns (6)

Indirect Auto Dependency

risk

#87 of 193 • Bottom 87.9% in tier

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

Why This Signature

Asset Growth (YoY): 0.07%

(Tier: 6.52%, National: 3.30%)

worse than tier avg

Indirect Auto %: 39.56%

(Tier: 18.08%, National: 7.71%)

worse than tier avg

Member Growth (YoY): -1.22%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

193 of 377 Mid-Market CUs have this signature | 714 nationally

↓ Shrinking -10 CUs YoY | Rank worsening

Stagnation Risk

risk

#51 of 86 • Bottom 80.6% 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): -1.22%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

Loan Growth (YoY): -1.28%

(Tier: 6.76%, National: 78.26%)

worse than tier avg

Delinquency Rate: 0.56%

(Tier: 0.86%, National: 1.26%)

but better than tier avg

86 of 377 Mid-Market CUs have this signature | 653 nationally

→ Stable (82→86 CUs) +4 CUs YoY | New qualifier

Efficiency Drag

risk

#47 of 71 • Bottom 14.9% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature

Efficiency Ratio: 81.72%

(Tier: 72.30%, National: 82.97%)

worse than tier avg

ROA Change (YoY): 0.19% points

(Tier: 0.18% points, National: 0.47% points)

but better than tier avg

Member Growth (YoY): -1.22%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

71 of 377 Mid-Market CUs have this signature | 608 nationally

↓ Shrinking -33 CUs YoY | Rank worsening

Liquidity Strain

risk

#118 of 168 • Bottom 18.9% in tier

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

Why This Signature

Loan-to-Share Ratio: 99.08%

(Tier: 85.94%, National: 66.39%)

but better than tier avg

Loan Growth (YoY): -1.28%

(Tier: 6.76%, National: 78.26%)

worse than tier avg

168 of 377 Mid-Market CUs have this signature | 432 nationally

→ Stable (173→168 CUs) -5 CUs YoY | Rank worsening

Membership Headwinds

decline

#73 of 86 • Bottom 80.6% in tier

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

Why This Signature

Member Growth (YoY): -1.22%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

86 of 377 Mid-Market CUs have this signature | 653 nationally

→ Stable (82→86 CUs) +4 CUs YoY | New qualifier

Institutional Decline

decline

#25 of 25 • Bottom 94.4% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature

Total Assets: $1.06B

(Tier: $2.16B, National: $593.11M)

worse than tier avg

Member Growth (YoY): -1.22%

(Tier: 3.16%, National: 15.67%)

worse than tier avg

Loan Growth (YoY): -1.28%

(Tier: 6.76%, National: 78.26%)

worse than tier avg

25 of 377 Mid-Market CUs have this signature | 261 nationally

↓ Shrinking -12 CUs YoY | 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)

Compare against:

Comparing against 300 peers in tier

Top Strengths (3 metrics)

Members Per Employee (MPE)

engagement

Value: 454.072

Peer Median: 346.173

#38 of 300 Top 12.3% in 1B-3B tier

Net Charge-Off Rate

risk

Value: 0.18%

Peer Median: 0.52%

#40 of 300 Top 13.0% in 1B-3B tier

Loan-to-Share Ratio

balance_sheet

Value: 99.08%

Peer Median: 87.07%

#48 of 300 Top 15.7% in 1B-3B tier

Top Weaknesses (13 metrics)

287

Fee Income Per Member

profitability

Value: $98.70

Peer Median: $204.73

#287 of 300 Bottom 4.7% in 1B-3B tier

280

Net Interest Margin (NIM)

profitability

Value: 2.58%

Peer Median: 3.46%

#280 of 300 Bottom 7.0% in 1B-3B tier

279

Total Assets

balance_sheet

Value: $1.06B

Peer Median: $1.51B

#279 of 300 Bottom 7.3% in 1B-3B tier

276

Total Deposits

balance_sheet

Value: $902.59M

Peer Median: $1.30B

#276 of 300 Bottom 8.3% in 1B-3B tier

269

Indirect Auto Concentration (%)

balance_sheet

Value: 39.56%

Peer Median: 14.26%

#269 of 300 Bottom 10.7% in 1B-3B tier

266

Loan Growth Rate

growth

Value: -1.28%

Peer Median: 5.71%

#266 of 300 Bottom 11.7% in 1B-3B tier

261

Asset Growth Rate

growth

Value: 0.07%

Peer Median: 5.21%

#261 of 300 Bottom 13.3% in 1B-3B tier

253

Efficiency Ratio

profitability

Value: 81.72%

Peer Median: 73.62%

#253 of 300 Bottom 16.0% in 1B-3B tier

250

Share Certificate Concentration (%)

balance_sheet

Value: 36.14%

Peer Median: 28.24%

#250 of 300 Bottom 17.0% in 1B-3B tier

248

Net Worth Ratio

risk

Value: 9.43%

Peer Median: 10.91%

#248 of 300 Bottom 17.7% in 1B-3B tier