Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 18.8 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 20.6%, coupled with a return on assets of 20.0 has resulted in Excellent (8.1) 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 (8.1 on a scale of 0 to 10). A current level of 6.4 percent of nonperforming loans to core capital combined with 6.4 percent from a year earlier contributes to the Good asset quality (6.4).
Asset Mix:
Consumer loans (48%), home mtgs (13%), other (39%)
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
106 North Marketplace Boulevard
Lansing, MI 48917
Lansing, MI 48917
Phone Number
(517) 622-6600
NCUA Charter Number
Website
Largest Competitors
Lansing, MI
Lansing, MI
Lansing, MI
Lansing, MI
Lansing, MI