Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.9 and a net worth ratio of 13.0. A current level of 2.6 percent of nonperforming loans to core capital combined with 2.0 percent from a year earlier contributes to the Excellent asset quality (9.4).
Other Rating Factors:
Excellent liquidity 7.7, driven by a liquidity ratio of 59.7 percent and a “hot money” ratio of 2.1 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Asset Mix:
Consumer loans (15%), home mtgs (7%), other (78%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
27850 Mound Road
Warren, MI 48092
Warren, MI 48092
Phone Number
(586) 751-4400
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
Warren, MI
Warren, MI
Warren, MI