Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 20.8 and a net worth ratio of 20.8. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (10.0).
Other Rating Factors:
Operating profits as a percentage of assets at 3.3%, coupled with a return on assets of 3.3 has resulted in Excellent (10.0) profitability. Excellent liquidity 9.3, driven by a liquidity ratio of 124.9 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (1%), other (99%)
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
2101 Gratiot Avenue
Detroit, MI 48207
Detroit, MI 48207
Phone Number
(313) 259-5817
NCUA Charter Number
Largest Competitors
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI