West Michigan Credit Union
| Weiss Ratings |
West Michigan Credit Union
Grand Rapids, MI |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 5.70 | |||
| Profitability Index | 9.60 | |||
| Stability Index | 9.00 | |||
| Company Info |
West Michigan Credit Union
Grand Rapids, MI |
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| NCUA Charter Number | 4715 | |||
| Phone Number | (800) 442-4576 | |||
| Website | www.westmichigancu.com | |||
| Asset Quality |
West Michigan Credit Union
Grand Rapids, MI |
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| 1-Year Asset Growth | 75.24% | |||
| 5-Year Asset Growth | 8.74% | |||
| 5-Year Charge-Offs to Average Loans | 0.23% | |||
| Charge-Offs to Average Loans | 0.97% | |||
| Non-Performing Assets to Assets | 0.78% | |||
| Non-Performing Loans to Capital | 0.61% | |||
| Non-Performing Loans to Loans | 0.30% | |||
| Balance Sheet |
West Michigan Credit Union
Grand Rapids, MI |
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| Total Assets | 448.08M | |||
| Total Deposits | 369.71M | |||
| Capital and Reserves |
West Michigan Credit Union
Grand Rapids, MI |
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| Capital | 74.40M | |||
| Leverage Ratio | 16.51 | |||
| Loan Loss Reserves to Loans | 1.04% | |||
| Liquidity |
West Michigan Credit Union
Grand Rapids, MI |
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| Hot Money Ratio | 2.47% | |||
| Liquidity Ratio | 40.21% | |||
| Profitability |
West Michigan Credit Union
Grand Rapids, MI |
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| 5-Year Return on Average Assets | 1.14% | |||
| Net Income | 2.24M | |||
| Net Interest Spread | 6.19% | |||
| Operating Profit to Average Assets | 1.60% | |||
| Overhead Efficiency Ratio | 61.98% | |||
| Return on Assets | 1.47% | |||
| Return on Equity | 7.83% | |||