BlastPoint's Credit Union Scorecard

VERITY

Charter #68517 · WA

Community 750M-1B
117 CUs in 750M-1B nationally 3 in WA
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VERITY has 2 strengths but faces 8 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 51.1% in tier
  • + Net Interest Margin 0.40% above tier average

Key Concerns

Areas that may need attention

  • - Institutional Decline: Bottom 8.0% in tier
  • - Stagnation Risk: Bottom 88.4% in tier
  • - Membership Headwinds: Bottom 88.4% in tier
  • - ROA 0.63% below tier average
  • - Efficiency ratio 3.00% above tier (higher cost structure)
  • - Delinquency rate 0.42% above tier average
  • - Member decline: -4.3% YoY
  • - Total Assets: Bottom 8.5% in tier

Core Metrics

As of 2026-Q1

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Members 34,442
-4.3% YoY-0.8% QoQ
-17.1K 51,500
+0.7% YoY
67,148
+4.0% YoY
33,913
+5.7% YoY
16%
Assets $762.9M
-1.4% YoY-3.6% QoQ
$-102.7M $865.6M
+0.9% YoY
$1.3B
+6.8% YoY
$578.3M
+9.0% YoY
Bottom 7.7% in tier
Loans $593.9M
-1.3% YoY+0.7% QoQ
$-1.4M $595.3M
+1.6% YoY
$931.6M
+6.7% YoY
$402.4M
+8.7% YoY
44%
Deposits $668.4M
-0.9% YoY-3.9% QoQ
$-73.7M $742.2M
+0.6% YoY
$1.1B
+7.7% YoY
$494.3M
+9.1% YoY
15%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.1%
-111.6% YoY-168.8% QoQ
-0.6% 0.8%
+45.0% YoY
0.5%
+1.1% YoY
0.4%
-39.2% YoY
Bottom 6.8% in tier
NIM 3.9%
+11.2% YoY+4.2% QoQ
+0.4% 3.5%
+6.1% YoY
3.7%
+3.5% YoY
3.8%
+4.1% YoY
73%
Efficiency Ratio 78.5%
-27.1% YoY-11.7% QoQ
+3.0% 75.5%
-3.4% YoY
78.0%
-0.9% YoY
84.6%
+2.8% YoY
55%
Delinquency Rate 1.1%
-3.6% YoY-4.5% QoQ
+0.4 0.7%
-0.1% YoY
0.9%
+10.5% YoY
1.2%
+3.4% YoY
82%
Loan To Share 88.8%
-0.5% YoY+4.7% QoQ
+8.2% 80.6%
+0.7% YoY
74.8%
-1.7% YoY
65.6%
-1.4% YoY
67%
AMR $36,651
+3.4% YoY-1.0% QoQ
+$8K $28,908
+0.7% YoY
$29,247
+2.9% YoY
$19,920
+1.6% YoY
Top 13.7% in tier
CD Concentration 26.9%
+1.0% YoY-2.8% QoQ
+2.6% 24.3% 22.5% 19.8% 61%
Indirect Auto % 4.1%
-15.4% YoY+12.2% QoQ
-9.7% 13.8% 16.1% 7.7% 43%

Signature Analysis

Strengths (1)

Relationship Depth Leader

growth
#180 of 257 • Top 51.1% 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): 3.41%
(Tier: 3.74%, National: 6.36%)
but worse than tier avg
Share Draft per Member: $6.5K
(Tier: $3.0K, National: $2.1K)
better than tier avg
257 of 284 Community CUs have this signature | 342 nationally
↑ Growing +27 CUs YoY | New qualifier

Concerns (3)

Stagnation Risk

risk
#99 of 570 • Bottom 88.4% 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): -4.34%
(Tier: 0.72%, National: 10.19%)
worse than tier avg
Loan Growth (YoY): -1.33%
(Tier: 4.14%, National: 1.74%)
worse than tier avg
Delinquency Rate: 1.10%
(Tier: 0.76%, National: 1.19%)
worse than tier avg
676 nationally
→ No prior data (570 CUs now) | New qualifier

Membership Headwinds

decline
#156 of 570 • Bottom 88.4% in tier

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

Why This Signature
Member Growth (YoY): -4.34%
(Tier: 0.72%, National: 10.19%)
worse than tier avg
676 nationally
→ No prior data (570 CUs now) | New qualifier

Institutional Decline

decline
#78 of 250 • Bottom 8.0% in tier

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

Why This Signature
Total Assets: $762.91M
(Tier: $334.04M, National: $578.34M)
but better than tier avg
Member Growth (YoY): -4.34%
(Tier: 0.72%, National: 10.19%)
worse than tier avg
Loan Growth (YoY): -1.33%
(Tier: 4.14%, National: 1.74%)
worse than tier avg
250 of 284 Community CUs have this signature | 289 nationally
→ No prior data (250 CUs now) | 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)

Comparing against 117 peers in tier

Top Strengths (2 metrics)

14
Loan-to-Member Ratio (LMR)
engagement
Value: $17,243
Peer Median: $11,598
#14 of 117 Top 11.1% in 750M-1B tier
16
Average Member Relationship (AMR)
engagement
Value: $36,651
Peer Median: $26,209
#16 of 117 Top 12.8% in 750M-1B tier

Top Weaknesses (11 metrics)

109
Return on Assets (ROA)
profitability
Value: 0.13%
Peer Median: 0.63%
#109 of 117 Bottom 7.7% in 750M-1B tier
108
Total Assets
balance_sheet
Value: $762.91M
Peer Median: $858.87M
#108 of 117 Bottom 8.5% in 750M-1B tier
105
Asset Growth Rate
growth
Value: -1.37%
Peer Median: 4.88%
#105 of 117 Bottom 11.1% in 750M-1B tier
104
Deposit Growth Rate
growth
Value: -0.85%
Peer Median: 4.60%
#104 of 117 Bottom 12.0% in 750M-1B tier
103
Member Growth Rate
growth
Value: -4.34%
Peer Median: 0.97%
#103 of 117 Bottom 12.8% in 750M-1B tier
101
Members Per Employee (MPE)
engagement
Value: 262.916
Peer Median: 328.468
#101 of 117 Bottom 14.5% in 750M-1B tier
99
Total Deposits
balance_sheet
Value: $668.45M
Peer Median: $735.65M
#99 of 117 Bottom 16.2% in 750M-1B tier
98
Total Members
engagement
Value: 34,442
Peer Median: 51,712
#98 of 117 Bottom 17.1% in 750M-1B tier
97
Total Delinquency Rate (60+ days)
risk
Value: 1.10%
Peer Median: 0.56%
#97 of 117 Bottom 17.9% in 750M-1B tier
96
Loan Growth Rate
growth
Value: -1.33%
Peer Median: 4.33%
#96 of 117 Bottom 18.8% in 750M-1B tier
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