BlastPoint's Credit Union Scorecard

NUTMEG STATE FINANCIAL

Charter #68657 · CT

Community 750M-1B
117 CUs in 750M-1B nationally 1 in CT
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NUTMEG STATE FINANCIAL has 8 strengths but faces 9 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 1.7% in tier
  • + Organic Growth Engine: Top 34.3% in tier
  • + Net Interest Margin 0.12% above tier average
  • + Strong member growth: 24.5% YoY
  • + Member Growth Rate: Top 0.9% in tier
  • + Asset Growth Rate: Top 0.9% in tier
  • + Loan Growth Rate: Top 1.7% in tier
  • + Deposit Growth Rate: Top 1.7% in tier

Key Concerns

Areas that may need attention

  • - Credit Risk Growth: Bottom 4.4% in tier
  • - Credit Quality Pressure: Bottom 25.6% in tier
  • - Liquidity Strain: Bottom 42.3% in tier
  • - Indirect Auto Dependency: Bottom 54.3% in tier
  • - Efficiency Drag: Bottom 98.7% in tier
  • - ROA 0.12% below tier average
  • - Efficiency ratio 6.52% above tier (higher cost structure)
  • - Delinquency rate 0.01% above tier average
  • - Fee Income Per Member: Bottom 6.8% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (CT) National Avg Tier Percentile
Members 66,360
+24.5% YoY+19.7% QoQ
+14.3K 52,084
-1.6% YoY
14,275
+6.6% YoY
33,374
+5.7% YoY
84%
Assets $888.8M
+27.5% YoY+24.0% QoQ
+$24.9M $863.9M
+0.5% YoY
$241.1M
+14.1% YoY
$561.6M
+9.7% YoY
57%
Loans $687.9M
+24.0% YoY+14.8% QoQ
+$82.1M $605.8M
+1.4% YoY
$136.5M
+14.4% YoY
$397.0M
+8.8% YoY
76%
Deposits $743.8M
+27.3% YoY+24.6% QoQ
+$6.5M $737.3M
+0.1% YoY
$211.2M
+13.7% YoY
$477.3M
+9.7% YoY
58%

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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 0.6%
+74.0% YoY-1.5% QoQ
-0.1% 0.7%
+39.1% YoY
0.6%
+43.4% YoY
0.7%
+15.9% YoY
44%
NIM 3.5%
+3.5% YoY-9.0% QoQ
+0.1% 3.4%
+8.7% YoY
3.6%
+1.8% YoY
3.8%
+5.1% YoY
57%
Efficiency Ratio 80.9%
-3.7% YoY-0.9% QoQ
+6.5% 74.3%
-3.6% YoY
81.1%
-1.3% YoY
79.7%
-3.3% YoY
73%
Delinquency Rate 0.9%
+75.2% YoY+7.4% QoQ
+0.0 0.9%
+3.8% YoY
1.5%
+7.3% YoY
1.3%
-2.1% YoY
65%
Loan To Share 92.5%
-2.6% YoY-7.9% QoQ
+9.9% 82.6%
+1.1% YoY
54.6%
-1.8% YoY
67.4%
-1.7% YoY
77%
AMR $21,574
+1.0% YoY-0.0% QoQ
$-7K $28,873
+2.7% YoY
$17,243
+6.0% YoY
$19,687
+2.0% YoY
26%
CD Concentration 31.1%
-2.2% YoY-14.8% QoQ
+6.7% 24.4% 14.6% 19.8% 74%
Indirect Auto % 19.4%
-3.2% YoY-11.6% QoQ
+5.6% 13.8% 4.6% 7.8% 70%

Signature Analysis

Strengths (2)

Organic Growth Leader

growth
#8 of 426 • Top 1.7% in tier

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

Why This Signature
Member Growth (YoY): 24.49%
(Tier: 0.69%, National: 4.32%)
better than tier avg
Indirect Auto %: 19.36%
(Tier: 13.79%, National: 7.78%)
but worse than tier avg
609 nationally
→ No prior data (426 CUs now) | New qualifier

Organic Growth Engine

growth
#205 of 595 • Top 34.3% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 24.49%
(Tier: 0.69%, National: 4.32%)
better than tier avg
Return on Assets: 0.62%
(Tier: 0.75%, National: 0.67%)
but worse than tier avg
Indirect Auto %: 19.36%
(Tier: 13.79%, National: 7.78%)
but worse than tier avg
913 nationally
→ No prior data (595 CUs now) | New qualifier

Concerns (5)

Credit Risk Growth

risk
#21 of 456 • Bottom 4.4% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 23.98%
(Tier: 4.11%, National: 111.96%)
but better than tier avg
Delinquency Change (YoY): 0.38% points
(Tier: 0.03% points, National: 0.06% points)
worse than tier avg
665 nationally
→ No prior data (456 CUs now) | New qualifier

Credit Quality Pressure

risk
#181 of 705 • Bottom 25.6% in tier

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

Why This Signature
Delinquency Change (YoY): 0.38% points
(Tier: 0.03% points, National: 0.06% points)
worse than tier avg
969 nationally
↓ Shrinking -150 CUs YoY | New qualifier

Liquidity Strain

risk
#97 of 228 • Bottom 42.3% in tier

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

Why This Signature
Loan-to-Share Ratio: 92.48%
(Tier: 74.08%, National: 67.44%)
but better than tier avg
Loan Growth (YoY): 23.98%
(Tier: 4.11%, National: 111.96%)
but better than tier avg
228 of 282 Community CUs have this signature | 439 nationally
↓ Shrinking -37 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#275 of 506 • Bottom 54.3% in tier

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

Why This Signature
Asset Growth (YoY): 27.46%
(Tier: 5.37%, National: 3.54%)
but better than tier avg
Indirect Auto %: 19.36%
(Tier: 13.79%, National: 7.78%)
worse than tier avg
Member Growth (YoY): 24.49%
(Tier: 0.69%, National: 4.32%)
but better than tier avg
745 nationally
↓ Shrinking -35 CUs YoY | Rank improving

Efficiency Drag

risk
#531 of 538 • Bottom 98.7% in tier

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

Why This Signature
Efficiency Ratio: 80.87%
(Tier: 76.88%, National: 79.67%)
worse than tier avg
ROA Change (YoY): 0.27% points
(Tier: 0.11% points, National: 0.02% points)
but better than tier avg
Member Growth (YoY): 24.49%
(Tier: 0.69%, National: 4.32%)
but better than tier avg
633 nationally
↓ Shrinking -98 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 (9 metrics)

2
Member Growth Rate
growth
Value: 24.49%
Peer Median: -
#2 of 117 Top 0.9% in 750M-1B tier
2
Asset Growth Rate
growth
Value: 27.46%
Peer Median: -
#2 of 117 Top 0.9% in 750M-1B tier
3
Loan Growth Rate
growth
Value: 23.98%
Peer Median: -
#3 of 117 Top 1.7% in 750M-1B tier
3
Deposit Growth Rate
growth
Value: 27.32%
Peer Median: -
#3 of 117 Top 1.7% in 750M-1B tier
16
Members Per Employee (MPE)
engagement
Value: 470.638
Peer Median: -
#16 of 117 Top 12.8% in 750M-1B tier
19
Total Members
engagement
Value: 66,360
Peer Median: -
#19 of 117 Top 15.4% in 750M-1B tier
27
Loan-to-Share Ratio
balance_sheet
Value: 92.48%
Peer Median: -
#27 of 117 Top 22.2% in 750M-1B tier
28
Net Charge-Off Rate
risk
Value: 0.25%
Peer Median: -
#28 of 117 Top 23.1% in 750M-1B tier
28
Total Loans
balance_sheet
Value: $687.88M
Peer Median: -
#28 of 117 Top 23.1% in 750M-1B tier

Top Weaknesses (2 metrics)

110
Fee Income Per Member
profitability
Value: $93.27
Peer Median: -
#110 of 117 Bottom 6.8% in 750M-1B tier
95
AMR Growth Rate
growth
Value: 0.96%
Peer Median: -
#95 of 117 Bottom 19.7% in 750M-1B tier
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