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 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 58.0% in tier
  • + Net Interest Margin 0.30% above tier average

Key Concerns

Areas that may need attention

  • - Stagnation Risk: Bottom 9.4% in tier
  • - Institutional Decline: Bottom 11.7% in tier
  • - Membership Headwinds: Bottom 24.0% in tier
  • - Efficiency Drag: Bottom 55.5% in tier
  • - Credit Quality Pressure: Bottom 64.8% in tier
  • - ROA 0.93% below tier average
  • - Efficiency ratio 14.64% above tier (higher cost structure)
  • - Delinquency rate 0.27% above tier average
  • - Member decline: -5.0% YoY
  • - Loan Growth Rate: Bottom 6.8% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (WA) National Avg Tier Percentile
Members 34,720
-5.0% YoY-1.7% QoQ
-17.4K 52,084
-1.6% YoY
67,597
+5.2% YoY
33,374
+5.7% YoY
18%
Assets $791.2M
+1.9% YoY+2.1% QoQ
$-72.7M $863.9M
+0.5% YoY
$1.3B
+7.9% YoY
$561.6M
+9.7% YoY
21%
Loans $590.0M
-4.5% YoY+0.8% QoQ
$-15.8M $605.8M
+1.4% YoY
$943.7M
+8.0% YoY
$397.0M
+8.8% YoY
38%
Deposits $695.3M
+2.6% YoY+2.6% QoQ
$-42.0M $737.3M
+0.1% YoY
$1.1B
+9.4% YoY
$477.3M
+9.7% YoY
27%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA -0.2%
-318.1% YoY-22.1% QoQ
-0.9% 0.7%
+39.1% YoY
0.6%
+2.5% YoY
0.7%
+15.9% YoY
Bottom 3.4% in tier
NIM 3.7%
-2.7% YoY-0.1% QoQ
+0.3% 3.4%
+8.7% YoY
3.7%
+4.7% YoY
3.8%
+5.1% YoY
69%
Efficiency Ratio 89.0%
+8.8% YoY-0.4% QoQ
+14.6% 74.3%
-3.6% YoY
76.6%
-1.6% YoY
79.7%
-3.3% YoY
Top 6.0% in tier
Delinquency Rate 1.2%
+12.4% YoY+19.5% QoQ
+0.3 0.9%
+3.8% YoY
0.9%
-2.6% YoY
1.3%
-2.1% YoY
76%
Loan To Share 84.8%
-6.9% YoY-1.8% QoQ
+2.3% 82.6%
+1.1% YoY
76.8%
-1.3% YoY
67.4%
-1.7% YoY
47%
AMR $37,019
+4.4% YoY+3.5% QoQ
+$8K $28,873
+2.7% YoY
$29,074
+3.3% YoY
$19,687
+2.0% YoY
Top 14.5% in tier
CD Concentration 27.7%
+10.5% YoY-4.7% QoQ
+3.2% 24.4% 22.5% 19.8% 62%
Indirect Auto % 3.7%
-33.3% YoY-8.1% QoQ
-10.1% 13.8% 16.8% 7.8% 42%

Signature Analysis

Strengths (1)

Relationship Depth Leader

growth
#156 of 268 • Top 58.0% 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): 4.40%
(Tier: 4.17%, National: 4.00%)
better than tier avg
Share Draft per Member: $6.9K
(Tier: $2.9K, National: $2.0K)
better than tier avg
268 of 282 Community CUs have this signature | 351 nationally
↑ Growing +46 CUs YoY | New qualifier

Concerns (5)

Stagnation Risk

risk
#53 of 554 • Bottom 9.4% 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): -4.95%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
Loan Growth (YoY): -4.45%
(Tier: 4.11%, National: 111.96%)
worse than tier avg
Delinquency Rate: 1.15%
(Tier: 0.89%, National: 1.28%)
worse than tier avg
652 nationally
→ No prior data (554 CUs now) | New qualifier

Institutional Decline

decline
#29 of 240 • Bottom 11.7% in tier

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

Why This Signature
Total Assets: $791.21M
(Tier: $334.15M, National: $561.61M)
but better than tier avg
Member Growth (YoY): -4.95%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
Loan Growth (YoY): -4.45%
(Tier: 4.11%, National: 111.96%)
worse than tier avg
240 of 282 Community CUs have this signature | 277 nationally
→ No prior data (240 CUs now) | New qualifier

Membership Headwinds

decline
#134 of 554 • Bottom 24.0% in tier

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

Why This Signature
Member Growth (YoY): -4.95%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
652 nationally
→ No prior data (554 CUs now) | New qualifier

Efficiency Drag

risk
#299 of 538 • Bottom 55.5% in tier

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

Why This Signature
Efficiency Ratio: 88.98%
(Tier: 76.88%, National: 79.67%)
worse than tier avg
ROA Change (YoY): -0.27% points
(Tier: 0.11% points, National: 0.02% points)
worse than tier avg
Member Growth (YoY): -4.95%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
633 nationally
↓ Shrinking -98 CUs YoY | Rank improving

Credit Quality Pressure

risk
#457 of 705 • Bottom 64.8% in tier

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

Why This Signature
Delinquency Change (YoY): 0.13% points
(Tier: 0.03% points, National: 0.06% points)
worse than tier avg
969 nationally
↓ Shrinking -150 CUs YoY | Rank worsening

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)

17
Average Member Relationship (AMR)
engagement
Value: $37,019
Peer Median: -
#17 of 117 Top 13.7% in 750M-1B tier
19
Loan-to-Member Ratio (LMR)
engagement
Value: $16,992
Peer Median: -
#19 of 117 Top 15.4% in 750M-1B tier

Top Weaknesses (11 metrics)

113
Return on Assets (ROA)
profitability
Value: -0.19%
Peer Median: -
#113 of 117 Bottom 4.3% in 750M-1B tier
111
Efficiency Ratio
profitability
Value: 88.98%
Peer Median: -
#111 of 117 Bottom 6.0% in 750M-1B tier
110
Loan Growth Rate
growth
Value: -4.45%
Peer Median: -
#110 of 117 Bottom 6.8% in 750M-1B tier
104
Member Growth Rate
growth
Value: -4.95%
Peer Median: -
#104 of 117 Bottom 12.0% in 750M-1B tier
100
Net Worth Ratio
risk
Value: 8.91%
Peer Median: -
#100 of 117 Bottom 15.4% in 750M-1B tier
97
Members Per Employee (MPE)
engagement
Value: 269.147
Peer Median: -
#97 of 117 Bottom 17.9% in 750M-1B tier
96
Total Members
engagement
Value: 34,720
Peer Median: -
#96 of 117 Bottom 18.8% in 750M-1B tier
92
Total Assets
balance_sheet
Value: $791.21M
Peer Median: -
#92 of 117 Bottom 22.2% in 750M-1B tier
91
Asset Growth Rate
growth
Value: 1.92%
Peer Median: -
#91 of 117 Bottom 23.1% in 750M-1B tier
90
Total Delinquency Rate (60+ days)
risk
Value: 1.15%
Peer Median: -
#90 of 117 Bottom 23.9% in 750M-1B tier
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