| Weiss Ratings |
Michigan Legacy Credit Union
Wyandotte, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Asset Quality Index | 8.90 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 3.90 | |||
| Profitability Index | 0.50 | |||
| Stability Index | 6.90 | |||
| Company Info |
Michigan Legacy Credit Union
Wyandotte, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| NCUA Charter Number | 4788 | |||
| Phone Number | (734) 285-0600 | |||
| Website | www.michiganlegacycu.org | |||
| Asset Quality |
Michigan Legacy Credit Union
Wyandotte, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| 1-Year Asset Growth | -0.54% | |||
| 5-Year Asset Growth | -0.41% | |||
| 5-Year Charge-Offs to Average Loans | 0.22% | |||
| Charge-Offs to Average Loans | 0.74% | |||
| Non-Performing Assets to Assets | 0.47% | |||
| Non-Performing Loans to Capital | 3.80% | |||
| Non-Performing Loans to Loans | 0.71% | |||
| Balance Sheet |
Michigan Legacy Credit Union
Wyandotte, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 217.65M | |||
| Total Deposits | 190.98M | |||
| Capital and Reserves |
Michigan Legacy Credit Union
Wyandotte, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Capital | 26.21M | |||
| Leverage Ratio | 12.20 | |||
| Loan Loss Reserves to Loans | 0.35% | |||
| Liquidity |
Michigan Legacy Credit Union
Wyandotte, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Hot Money Ratio | 5.09% | |||
| Liquidity Ratio | 22.62% | |||
| Profitability |
Michigan Legacy Credit Union
Wyandotte, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| 5-Year Return on Average Assets | 0.47% | |||
| Net Income | -180.00K | |||
| Net Interest Spread | 4.92% | |||
| Operating Profit to Average Assets | 0.35% | |||
| Overhead Efficiency Ratio | 88.69% | |||
| Return on Assets | -0.34% | |||
| Return on Equity | -2.75% | |||