BlueOx Credit Union
Major Rating Factors:
A current level of 7.3 percent of nonperforming loans to core capital combined with 9.6 percent from a year earlier contributes to the Good asset quality (7.0). Good current capitalization (6.6 on a scale of 0 to 10) based on a net capital to total assets of 9.0 and a net worth ratio of 9.7.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.4 has resulted in Good (5.3) profitability.
Asset Mix:
Consumer loans (37%), home mtgs (23%), other (40%)
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
115 Riverside Drive
Battle Creek, MI 49015
Battle Creek, MI 49015
Phone Number
(800) 648-8035
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
East Lansing, MI
Battle Creek, MI
Battle Creek, MI
Battle Creek, MI