Michigan First
Lathrup Village, MI · Charter 60522 · Peer group: credit unions $1B-$10B in assets (n=435)
NCUA · 33 branches
Q2 2026
$1.5BAssets
$1.1BLoans
$1.1BShares
$235.4MNet Worth
Executive Summary
- Strongest standing: net interest margin outperforms 95% of credit unions $1B-$10B in assets (rank 20 of 435).
- Widest gap: efficiency ratio trails 90% of credit unions $1B-$10B in assets (rank 391 of 435).
- Overall: at or above the peer median on 3 of 7 directional measures.
Return on Assets
0.59%
Rank 313 of 435
Net Interest Margin
4.38%
Rank 20 of 435
Efficiency Ratio
82.67%
Rank 391 of 435
Equity / Assets
15.80%
Rank 24 of 435
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.59% | 0.55% | 0.81% | 1.14% | Beats 28% | 313 / 435 | | |
| Return on Equity | 3.72% | 5.12% | 7.41% | 9.70% | Beats 16% | 365 / 435 | | |
| Net Interest Margin | 4.38% | 3.01% | 3.39% | 3.75% | Beats 95% | 20 / 435 | | |
| Efficiency Ratio | 82.67% | 65.25% | 71.39% | 77.86% | Beats 10% | 391 / 435 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 1.14% | 0.45% | 0.69% | 1.05% | Beats 21% | 346 / 435 | | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution |
| Capital |
| Tier 1 Capital Ratio | 15.80% | 9.81% | 10.84% | 12.63% | Beats 94% | 24 / 435 | | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution |
| Equity / Assets | 15.80% | 9.81% | 10.84% | 12.63% | Beats 94% | 24 / 435 | | |
| Liquidity & Funding |
| Loans / Deposits | 97.42% | 78.33% | 88.38% | 95.61% | 79th pctl | 91 / 435 | | |
| Loans / Assets | 72.26% | 67.69% | 74.58% | 80.80% | 39th pctl | 264 / 435 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |