Michigan First Credit Union
| Weiss Ratings |
Michigan First Credit Union
Lathrup Village, MI |
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| Rating | ||||
| Asset Quality Index | 7.70 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 3.20 | |||
| Profitability Index | 5.30 | |||
| Stability Index | 8.90 | |||
| Company Info |
Michigan First Credit Union
Lathrup Village, MI |
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| NCUA Charter Number | 4283 | |||
| Phone Number | (248) 443-4600 | |||
| Website | michiganfirst.com | |||
| Asset Quality |
Michigan First Credit Union
Lathrup Village, MI |
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| 1-Year Asset Growth | 0.48% | |||
| 5-Year Asset Growth | 8.41% | |||
| 5-Year Charge-Offs to Average Loans | 0.62% | |||
| Charge-Offs to Average Loans | 1.02% | |||
| Non-Performing Assets to Assets | 0.82% | |||
| Non-Performing Loans to Capital | 5.80% | |||
| Non-Performing Loans to Loans | 0.99% | |||
| Balance Sheet |
Michigan First Credit Union
Lathrup Village, MI |
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| Total Assets | 1.52B | |||
| Total Deposits | 1.11B | |||
| Capital and Reserves |
Michigan First Credit Union
Lathrup Village, MI |
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| Capital | 202.02M | |||
| Leverage Ratio | 14.66 | |||
| Loan Loss Reserves to Loans | 1.16% | |||
| Liquidity |
Michigan First Credit Union
Lathrup Village, MI |
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| Hot Money Ratio | 5.35% | |||
| Liquidity Ratio | 16.31% | |||
| Profitability |
Michigan First Credit Union
Lathrup Village, MI |
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| 5-Year Return on Average Assets | 1.15% | |||
| Net Income | 2.54M | |||
| Net Interest Spread | 5.04% | |||
| Operating Profit to Average Assets | 1.33% | |||
| Overhead Efficiency Ratio | 82.74% | |||
| Return on Assets | 0.68% | |||
| Return on Equity | 5.10% | |||