BlastPoint's Credit Union Scorecard

LAUNCH CREDIT UNION

Charter #68716 · FL

Mid-Market 1B-3B
302 CUs in 1B-3B nationally 16 in FL
View Mid-Market leaderboard →

LAUNCH CREDIT UNION has 4 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 70.9% in tier
  • + Organic Growth Engine: Top 80.5% in tier
  • + Emerging Performer: Top 96.0% in tier
  • + Net Interest Margin 0.78% above tier average

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 78.2% in tier
  • - Efficiency Drag: Bottom 89.9% in tier
  • - ROA 0.15% below tier average
  • - Efficiency ratio 5.98% above tier (higher cost structure)

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (FL) National Avg Tier Percentile
Members 86,606
+2.1% YoY+0.5% QoQ
-10.8K 97,431
-2.4% YoY
72,012
+7.1% YoY
33,374
+5.7% YoY
50%
Assets $1.4B
+3.2% YoY+1.0% QoQ
$-283.8M $1.7B
+0.9% YoY
$1.1B
+9.4% YoY
$561.6M
+9.7% YoY
41%
Loans $1.1B
+3.5% YoY+3.1% QoQ
$-117.1M $1.2B
+0.5% YoY
$808.5M
+10.5% YoY
$397.0M
+8.8% YoY
50%
Deposits $1.2B
+4.4% YoY+1.1% QoQ
$-266.8M $1.5B
+0.9% YoY
$948.9M
+9.7% YoY
$477.3M
+9.7% YoY
40%

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 0.5%
+57.1% YoY+19.9% QoQ
-0.1% 0.7%
+20.9% YoY
0.6%
+16.0% YoY
0.7%
+15.9% YoY
35%
NIM 4.1%
+12.5% YoY+2.6% QoQ
+0.8% 3.3%
+9.2% YoY
3.6%
+4.0% YoY
3.8%
+5.1% YoY
Top 9.6% in tier
Efficiency Ratio 80.0%
-6.1% YoY-2.9% QoQ
+6.0% 74.1%
-9.5% YoY
77.7%
-2.7% YoY
79.7%
-3.3% YoY
74%
Delinquency Rate 0.3%
-18.3% YoY-6.1% QoQ
-0.6 0.9%
+6.2% YoY
0.7%
+7.1% YoY
1.3%
-2.1% YoY
Bottom 11.3% in tier
Loan To Share 93.7%
-0.8% YoY+2.0% QoQ
+8.9% 84.8%
-0.8% YoY
71.1%
+0.4% YoY
67.4%
-1.7% YoY
71%
AMR $26,670
+1.8% YoY+1.6% QoQ
$-3K $29,428
+2.4% YoY
$22,519
+3.6% YoY
$19,687
+2.0% YoY
43%
CD Concentration 25.7%
-0.2% YoY-3.6% QoQ
-3.3% 29.0% 24.1% 19.8% 37%
Indirect Auto % 10.9%
-11.8% YoY+2.7% QoQ
-7.4% 18.3% 10.8% 7.8% 38%

Signature Analysis

Strengths (3)

Organic Growth Leader

growth
#101 of 142 • Top 70.9% in tier

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

Why This Signature
Member Growth (YoY): 2.14%
(Tier: 3.43%, National: 4.32%)
but worse than tier avg
Indirect Auto %: 10.90%
(Tier: 18.31%, National: 7.78%)
better than tier avg
142 of 378 Mid-Market CUs have this signature | 609 nationally
→ No prior data (142 CUs now) | New qualifier

Organic Growth Engine

growth
#199 of 247 • Top 80.5% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 2.14%
(Tier: 3.43%, National: 4.32%)
but worse than tier avg
Return on Assets: 0.54%
(Tier: 0.69%, National: 0.67%)
but worse than tier avg
Indirect Auto %: 10.90%
(Tier: 18.31%, National: 7.78%)
better than tier avg
247 of 378 Mid-Market CUs have this signature | 913 nationally
→ No prior data (247 CUs now) | New qualifier

Emerging Performer

growth
#74 of 77 • Top 96.0% in tier

Smaller CU (bottom 50% by assets in tier) with strong profitability (ROA > 0.5%) AND growth (members >= 1%). Emerging leaders worth watching.

Why This Signature
Return on Assets: 0.54%
(Tier: 0.69%, National: 0.67%)
but worse than tier avg
Member Growth (YoY): 2.14%
(Tier: 3.43%, National: 4.32%)
but worse than tier avg
77 of 378 Mid-Market CUs have this signature | 282 nationally
→ No prior data (77 CUs now) | New qualifier

Concerns (2)

Liquidity Strain

risk
#130 of 166 • Bottom 78.2% in tier

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

Why This Signature
Loan-to-Share Ratio: 93.69%
(Tier: 85.73%, National: 67.44%)
but better than tier avg
Loan Growth (YoY): 3.53%
(Tier: 6.38%, National: 111.96%)
worse than tier avg
166 of 378 Mid-Market CUs have this signature | 439 nationally
↓ Shrinking -7 CUs YoY | Rank worsening

Efficiency Drag

risk
#81 of 90 • Bottom 89.9% in tier

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

Why This Signature
Efficiency Ratio: 80.04%
(Tier: 73.53%, National: 79.67%)
worse than tier avg
ROA Change (YoY): 0.19% points
(Tier: 0.12% points, National: 0.02% points)
but better than tier avg
Member Growth (YoY): 2.14%
(Tier: 3.43%, National: 4.32%)
worse than tier avg
90 of 378 Mid-Market CUs have this signature | 633 nationally
↓ Shrinking -36 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 302 peers in tier

Top Strengths (2 metrics)

29
Net Interest Margin (NIM)
profitability
Value: 4.05%
Peer Median: -
#29 of 302 Top 9.3% in 1B-3B tier
35
Total Delinquency Rate (60+ days)
risk
Value: 0.31%
Peer Median: -
#35 of 302 Top 11.3% in 1B-3B tier

Top Weaknesses (2 metrics)

254
Net Worth Ratio
risk
Value: 9.21%
Peer Median: -
#254 of 302 Bottom 16.2% in 1B-3B tier
249
Members Per Employee (MPE)
engagement
Value: 285.828
Peer Median: -
#249 of 302 Bottom 17.9% in 1B-3B tier
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