Major Rating Factors:
A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (10.0). Excellent current capitalization (9.9 on a scale of 0 to 10) based on a net capital to total assets of 11.5 and a net worth ratio of 11.5.
Other Rating Factors:
Good liquidity 5.8, driven by a liquidity ratio of 28.8 percent and a “hot money” ratio of 0.6 percent. Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.9 has resulted in Good (5.7) profitability.
Asset Mix:
Securities (36%), consumer loans (20%), other (44%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
1366 Porter Street
Detroit, MI 48226
Detroit, MI 48226
Phone Number
(313) 963-6060
NCUA Charter Number
Website
Largest Competitors
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI
Detroit, MI