| Weiss Ratings |
Michigan Educational Credit Union
Plymouth, MI |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 7.40 | |||
| Liquidity Index | 5.00 | |||
| Profitability Index | 3.10 | |||
| Stability Index | 6.80 | |||
| Company Info |
Michigan Educational Credit Union
Plymouth, MI |
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| NCUA Charter Number | 426 | |||
| Phone Number | (734) 455-9200 | |||
| Website | www.michedcu.org | |||
| Asset Quality |
Michigan Educational Credit Union
Plymouth, MI |
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| 1-Year Asset Growth | 4.86% | |||
| 5-Year Asset Growth | 3.27% | |||
| 5-Year Charge-Offs to Average Loans | 0.07% | |||
| Charge-Offs to Average Loans | 0.17% | |||
| Non-Performing Assets to Assets | 0.11% | |||
| Non-Performing Loans to Capital | 1.08% | |||
| Non-Performing Loans to Loans | 0.24% | |||
| Balance Sheet |
Michigan Educational Credit Union
Plymouth, MI |
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| Total Assets | 1.06B | |||
| Total Deposits | 948.95M | |||
| Capital and Reserves |
Michigan Educational Credit Union
Plymouth, MI |
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| Capital | 103.16M | |||
| Leverage Ratio | 11.65 | |||
| Loan Loss Reserves to Loans | 0.73% | |||
| Liquidity |
Michigan Educational Credit Union
Plymouth, MI |
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| Hot Money Ratio | 7.78% | |||
| Liquidity Ratio | 27.34% | |||
| Profitability |
Michigan Educational Credit Union
Plymouth, MI |
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| 5-Year Return on Average Assets | 0.29% | |||
| Net Income | 652.00K | |||
| Net Interest Spread | 2.95% | |||
| Operating Profit to Average Assets | 0.31% | |||
| Overhead Efficiency Ratio | 89.03% | |||
| Return on Assets | 0.25% | |||
| Return on Equity | 2.60% | |||