FreeStar Financial Credit Union
Major Rating Factors:
A current level of 5.9 percent of nonperforming loans to core capital combined with 5.9 percent from a year earlier contributes to the Excellent asset quality (7.8). Good current capitalization (5.9 on a scale of 0 to 10) based on a net capital to total assets of 8.3 and a net worth ratio of 0.0.
Other 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 (4.9 on a scale of 0 to 10). Fair liquidity 3.9, driven by a liquidity ratio of 19.9 percent and a “hot money” ratio of 10.4 percent.
Asset Mix:
Consumer loans (28%), home mtgs (16%), other (56%)
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
37570 South Gratiot Avenue
Clinton Township, MI 48036
Clinton Township, MI 48036
Phone Number
(586) 466-7800
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
East Lansing, MI
Dearborn, MI
Auburn Hills, MI
Clinton Township, MI