Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.6 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 1.0 has resulted in Excellent (9.8) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.7 on a scale of 0 to 10). A current level of 8.4 percent of nonperforming loans to core capital combined with 8.4 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix:
Consumer loans (60%), home mtgs (1%), other (40%)
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
718 East Michigan Avenue
Jackson, MI 49201
Jackson, MI 49201
Phone Number
(517) 787-6510
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
East Lansing, MI
Jackson, MI
Jackson, MI
Jackson, MI