Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 19.3 and a net worth ratio of 21.7. A current level of 5.3 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.8).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.8 on a scale of 0 to 10). Fair liquidity 4.6, driven by a liquidity ratio of 35.1 percent and a “hot money” ratio of 1.6 percent.
Asset Mix:
Consumer loans (28%), home mtgs (10%), other (61%)
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
630 Howard Street
Detroit, MI 48226
Detroit, MI 48226
Phone Number
(313) 965-8640
NCUA Charter Number
Website
Largest Competitors
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI