Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.5 on a scale of 0 to 10).
Other Rating Factors:
A current level of 26.6 percent of nonperforming loans to core capital combined with 26.6 percent from a year earlier contributes to the Fair asset quality (3.6). Fair liquidity 4.5, driven by a liquidity ratio of 18.0 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (34%), home mtgs (22%), other (44%)
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
1903 Barclay Street
Muskegon, MI 49441
Muskegon, MI 49441
Phone Number
(231) 759-7931
NCUA Charter Number
Largest Competitors
Muskegon, MI
Muskegon, MI
Muskegon, MI
Muskegon, MI
Muskegon, MI