| Weiss Ratings |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Rating | ||||
| Asset Quality Index | 8.70 | |||
| Capitalization Index | 9.30 | |||
| Liquidity Index | 2.80 | |||
| Profitability Index | 3.80 | |||
| Stability Index | 6.10 | |||
| Company Info |
Michigan Legacy Credit Union
Wyandotte, MI |
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| NCUA Charter Number | 4788 | |||
| Phone Number | (734) 285-0600 | |||
| Website | www.michiganlegacycu.org | |||
| Asset Quality |
Michigan Legacy Credit Union
Wyandotte, MI |
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| 1-Year Asset Growth | -9.78% | |||
| 5-Year Asset Growth | 1.08% | |||
| 5-Year Charge-Offs to Average Loans | 0.35% | |||
| Charge-Offs to Average Loans | 0.23% | |||
| Non-Performing Assets to Assets | 0.29% | |||
| Non-Performing Loans to Capital | 2.51% | |||
| Non-Performing Loans to Loans | 0.39% | |||
| Balance Sheet |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Total Assets | 218.84M | |||
| Total Deposits | 193.12M | |||
| Capital and Reserves |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Capital | 24.58M | |||
| Leverage Ratio | 11.75 | |||
| Loan Loss Reserves to Loans | 0.17% | |||
| Liquidity |
Michigan Legacy Credit Union
Wyandotte, MI |
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| Hot Money Ratio | 2.83% | |||
| Liquidity Ratio | 13.42% | |||
| Profitability |
Michigan Legacy Credit Union
Wyandotte, MI |
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| 5-Year Return on Average Assets | 0.45% | |||
| Net Income | 376.00K | |||
| Net Interest Spread | 3.92% | |||
| Operating Profit to Average Assets | 0.26% | |||
| Overhead Efficiency Ratio | 86.12% | |||
| Return on Assets | 0.69% | |||
| Return on Equity | 6.17% | |||