Preferred Credit Union
| Weiss Ratings |
Preferred Credit Union
Grand Rapids, MI |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 4.10 | |||
| Profitability Index | 7.50 | |||
| Stability Index | 8.90 | |||
| 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 | 7.11% | |||
| 5-Year Asset Growth | 9.70% | |||
| 5-Year Charge-Offs to Average Loans | 0.22% | |||
| Charge-Offs to Average Loans | 0.37% | |||
| Non-Performing Assets to Assets | 0.21% | |||
| Non-Performing Loans to Capital | 1.63% | |||
| Non-Performing Loans to Loans | 0.39% | |||
| Balance Sheet |
Preferred Credit Union
Grand Rapids, MI |
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| Total Assets | 286.61M | |||
| Total Deposits | 245.79M | |||
| Capital and Reserves |
Preferred Credit Union
Grand Rapids, MI |
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| Capital | 34.92M | |||
| Leverage Ratio | 13.80 | |||
| Loan Loss Reserves to Loans | 0.95% | |||
| Liquidity |
Preferred Credit Union
Grand Rapids, MI |
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| Hot Money Ratio | 9.19% | |||
| Liquidity Ratio | 17.70% | |||
| Profitability |
Preferred Credit Union
Grand Rapids, MI |
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| 5-Year Return on Average Assets | 0.98% | |||
| Net Income | 2.18M | |||
| Net Interest Spread | 4.31% | |||
| Operating Profit to Average Assets | 1.20% | |||
| Overhead Efficiency Ratio | 77.74% | |||
| Return on Assets | 1.04% | |||
| Return on Equity | 9.25% | |||