The Local Credit Union
| Weiss Ratings |
The Local Credit Union
Sterling Heights, MI |
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| Rating | ||||
| Asset Quality Index | 9.20 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 4.70 | |||
| Profitability Index | 0.40 | |||
| Stability Index | 7.40 | |||
| Company Info |
The Local Credit Union
Sterling Heights, MI |
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| NCUA Charter Number | 4953 | |||
| Phone Number | (586) 264-1212 | |||
| Website | www.thelocalcreditunion.com | |||
| Asset Quality |
The Local Credit Union
Sterling Heights, MI |
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| 1-Year Asset Growth | -2.41% | |||
| 5-Year Asset Growth | 3.16% | |||
| 5-Year Charge-Offs to Average Loans | 0.51% | |||
| Charge-Offs to Average Loans | 0.26% | |||
| Non-Performing Assets to Assets | 0.40% | |||
| Non-Performing Loans to Capital | 3.29% | |||
| Non-Performing Loans to Loans | 0.89% | |||
| Balance Sheet |
The Local Credit Union
Sterling Heights, MI |
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| Total Assets | 107.24M | |||
| Total Deposits | 93.05M | |||
| Capital and Reserves |
The Local Credit Union
Sterling Heights, MI |
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| Capital | 12.70M | |||
| Leverage Ratio | 14.46 | |||
| Loan Loss Reserves to Loans | 0.87% | |||
| Liquidity |
The Local Credit Union
Sterling Heights, MI |
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| Hot Money Ratio | 9.68% | |||
| Liquidity Ratio | 29.13% | |||
| Profitability |
The Local Credit Union
Sterling Heights, MI |
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| 5-Year Return on Average Assets | 0.26% | |||
| Net Income | 49.00K | |||
| Net Interest Spread | 3.54% | |||
| Operating Profit to Average Assets | 0.30% | |||
| Overhead Efficiency Ratio | 93.00% | |||
| Return on Assets | 0.18% | |||
| Return on Equity | 1.55% | |||