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 | 5.10 | |||
| Profitability Index | 8.40 | |||
| Stability Index | 8.70 | |||
| 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 | -5.69% | |||
| 5-Year Asset Growth | 9.01% | |||
| 5-Year Charge-Offs to Average Loans | 0.21% | |||
| Charge-Offs to Average Loans | 0.55% | |||
| Non-Performing Assets to Assets | 0.13% | |||
| Non-Performing Loans to Capital | 0.72% | |||
| Non-Performing Loans to Loans | 0.27% | |||
| Balance Sheet |
West Michigan Credit Union
Grand Rapids, MI |
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| Total Assets | 257.54M | |||
| Total Deposits | 207.66M | |||
| Capital and Reserves |
West Michigan Credit Union
Grand Rapids, MI |
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| Capital | 46.99M | |||
| Leverage Ratio | 18.75 | |||
| Loan Loss Reserves to Loans | 0.90% | |||
| Liquidity |
West Michigan Credit Union
Grand Rapids, MI |
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| Hot Money Ratio | 3.63% | |||
| Liquidity Ratio | 33.19% | |||
| Profitability |
West Michigan Credit Union
Grand Rapids, MI |
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| 5-Year Return on Average Assets | 0.99% | |||
| Net Income | 786.00K | |||
| Net Interest Spread | 4.32% | |||
| Operating Profit to Average Assets | 1.36% | |||
| Overhead Efficiency Ratio | 72.36% | |||
| Return on Assets | 1.23% | |||
| Return on Equity | 6.75% | |||