| Weiss Ratings |
Michigan Educational Credit Union
Plymouth, MI |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 6.00 | |||
| Liquidity Index | 4.00 | |||
| Profitability Index | 3.00 | |||
| Stability Index | 6.30 | |||
| 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 | -2.49% | |||
| 5-Year Asset Growth | 4.04% | |||
| 5-Year Charge-Offs to Average Loans | 0.08% | |||
| Charge-Offs to Average Loans | 0.06% | |||
| Non-Performing Assets to Assets | 0.11% | |||
| Non-Performing Loans to Capital | 1.26% | |||
| Non-Performing Loans to Loans | 0.22% | |||
| Balance Sheet |
Michigan Educational Credit Union
Plymouth, MI |
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| Total Assets | 1.01B | |||
| Total Deposits | 919.12M | |||
| Capital and Reserves |
Michigan Educational Credit Union
Plymouth, MI |
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| Capital | 84.38M | |||
| Leverage Ratio | 11.88 | |||
| Loan Loss Reserves to Loans | 0.69% | |||
| Liquidity |
Michigan Educational Credit Union
Plymouth, MI |
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| Hot Money Ratio | 5.64% | |||
| Liquidity Ratio | 16.68% | |||
| Profitability |
Michigan Educational Credit Union
Plymouth, MI |
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| 5-Year Return on Average Assets | 0.35% | |||
| Net Income | 608.00K | |||
| Net Interest Spread | 2.64% | |||
| Operating Profit to Average Assets | 0.30% | |||
| Overhead Efficiency Ratio | 89.16% | |||
| Return on Assets | 0.24% | |||
| Return on Equity | 2.90% | |||