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 | 4.20 | |||
| Profitability Index | 3.60 | |||
| Stability Index | 7.20 | |||
| 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 | -0.37% | |||
| 5-Year Asset Growth | 1.39% | |||
| 5-Year Charge-Offs to Average Loans | 0.49% | |||
| Charge-Offs to Average Loans | 1.51% | |||
| Non-Performing Assets to Assets | 0.27% | |||
| Non-Performing Loans to Capital | 3.18% | |||
| Non-Performing Loans to Loans | 0.96% | |||
| Balance Sheet |
The Local Credit Union
Sterling Heights, MI |
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| Total Assets | 106.84M | |||
| Total Deposits | 91.41M | |||
| Capital and Reserves |
The Local Credit Union
Sterling Heights, MI |
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| Capital | 14.28M | |||
| Leverage Ratio | 14.76 | |||
| Loan Loss Reserves to Loans | 0.84% | |||
| Liquidity |
The Local Credit Union
Sterling Heights, MI |
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| Hot Money Ratio | 8.66% | |||
| Liquidity Ratio | 22.13% | |||
| Profitability |
The Local Credit Union
Sterling Heights, MI |
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| 5-Year Return on Average Assets | 0.24% | |||
| Net Income | 73.00K | |||
| Net Interest Spread | 4.14% | |||
| Operating Profit to Average Assets | 0.75% | |||
| Overhead Efficiency Ratio | 88.60% | |||
| Return on Assets | 0.28% | |||
| Return on Equity | 2.08% | |||