| Weiss Ratings |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Rating | ||||
| Asset Quality Index | 9.00 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 4.20 | |||
| Profitability Index | 3.00 | |||
| Stability Index | 7.00 | |||
| Company Info |
Michigan Legacy Credit Union
Wyandotte, MI |
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| NCUA Charter Number | 4788 | |||
| Phone Number | (734) 285-0600 | |||
| Website | michiganlegacycu.org | |||
| Asset Quality |
Michigan Legacy Credit Union
Wyandotte, MI |
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| 1-Year Asset Growth | 1.70% | |||
| 5-Year Asset Growth | -0.41% | |||
| 5-Year Charge-Offs to Average Loans | 0.22% | |||
| Charge-Offs to Average Loans | 0.60% | |||
| Non-Performing Assets to Assets | 0.44% | |||
| Non-Performing Loans to Capital | 3.39% | |||
| Non-Performing Loans to Loans | 0.70% | |||
| Balance Sheet |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Total Assets | 214.37M | |||
| Total Deposits | 186.50M | |||
| Capital and Reserves |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Capital | 27.53M | |||
| Leverage Ratio | 12.90 | |||
| Loan Loss Reserves to Loans | 0.28% | |||
| Liquidity |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Hot Money Ratio | 6.29% | |||
| Liquidity Ratio | 26.12% | |||
| Profitability |
Michigan Legacy Credit Union
Wyandotte, MI |
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| 5-Year Return on Average Assets | 0.47% | |||
| Net Income | 908.00K | |||
| Net Interest Spread | 5.21% | |||
| Operating Profit to Average Assets | 0.70% | |||
| Overhead Efficiency Ratio | 82.12% | |||
| Return on Assets | 0.56% | |||
| Return on Equity | 4.56% | |||