Preferred Credit Union
| Weiss Ratings |
Preferred Credit Union
Grand Rapids, MI |
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| Rating | ||||
| Asset Quality Index | 9.90 | |||
| Capitalization Index | 9.00 | |||
| Liquidity Index | 4.00 | |||
| Profitability Index | 4.70 | |||
| Stability Index | 7.90 | |||
| Company Info |
Preferred Credit Union
Grand Rapids, MI |
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| NCUA Charter Number | 157 | |||
| Phone Number | (616) 942-9630 | |||
| Website | www.preferredcu.org | |||
| Asset Quality |
Preferred Credit Union
Grand Rapids, MI |
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| 1-Year Asset Growth | 4.87% | |||
| 5-Year Asset Growth | 9.70% | |||
| 5-Year Charge-Offs to Average Loans | 0.22% | |||
| Charge-Offs to Average Loans | 0.53% | |||
| Non-Performing Assets to Assets | 0.17% | |||
| Non-Performing Loans to Capital | 1.48% | |||
| Non-Performing Loans to Loans | 0.31% | |||
| Balance Sheet |
Preferred Credit Union
Grand Rapids, MI |
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| Total Assets | 279.46M | |||
| Total Deposits | 243.28M | |||
| Capital and Reserves |
Preferred Credit Union
Grand Rapids, MI |
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| Capital | 30.25M | |||
| Leverage Ratio | 13.58 | |||
| Loan Loss Reserves to Loans | 0.98% | |||
| Liquidity |
Preferred Credit Union
Grand Rapids, MI |
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| Hot Money Ratio | 8.35% | |||
| Liquidity Ratio | 17.30% | |||
| Profitability |
Preferred Credit Union
Grand Rapids, MI |
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| 5-Year Return on Average Assets | 0.98% | |||
| Net Income | 562.00K | |||
| Net Interest Spread | 4.20% | |||
| Operating Profit to Average Assets | 1.06% | |||
| Overhead Efficiency Ratio | 79.73% | |||
| Return on Assets | 0.82% | |||
| Return on Equity | 7.46% | |||