Southeast Michigan State Employees Federal Credit Union
Major Rating Factors:
Operating profits as a percentage of assets at 4.0%, coupled with a return on assets of 1.6 has resulted in Excellent (7.3) profitability. Excellent current capitalization (7.2 on a scale of 0 to 10) based on a net capital to total assets of 9.6 and a net worth ratio of 0.0.
Other Rating Factors:
Excellent liquidity 7.5, driven by a liquidity ratio of 40.7 percent and a “hot money” ratio of 1.6 percent. A current level of 4.8 percent of nonperforming loans to core capital combined with 12.2 percent from a year earlier contributes to the Excellent asset quality (7.0).
Asset Mix:
Consumer loans (14%), home mtgs (1%), other (85%)
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
6230 Orchard Lake Rd. 290
West Bloomfield, MI 48322
West Bloomfield, MI 48322
Phone Number
(248) 557-2266
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
East Lansing, MI
Dearborn, MI
Auburn Hills, MI
West Bloomfield, MI