C
Intandem Credit Union
Rating Date
May 2024
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Major Rating Factors: Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.1 has resulted in Very Weak (0.8) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.6 on a scale of 0 to 10).
Other Rating Factors: Excellent current capitalization (8.5 on a scale of 0 to 10) based on a net capital to total assets of 10.5 and a net worth ratio of 10.6. A current level of 5.9 percent of nonperforming loans to core capital combined with 2.5 percent from a year earlier contributes to the Good asset quality (6.6).
Asset Mix: Home mtgs (19%), consumer loans (19%), securities (13%), other (48%)
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Address
1619 Plainfield Avenue, NE
Grand Rapids, MI 49505
Phone Number
(616) 336-3490
NCUA Charter Number
Largest Competitors
B
Grand Rapids, MI
B
Grand Rapids, MI
A
C
Grand Rapids, MI
C
Grand Rapids, MI