Safe Harbor
Ludington, MI · Charter 61988 · Peer group: credit unions under $1B in assets in MI (n=56)
NCUA · 1 branch
Q2 2026
$183.8MAssets
$149.6MLoans
$165.3MShares
$17.4MNet Worth
Executive Summary
- Strongest standing: net interest margin outperforms 55% of credit unions under $1B in assets in MI (rank 25 of 56).
- Widest gap: nonperforming loans / loans trails 95% of credit unions under $1B in assets in MI (rank 54 of 56).
- Overall: at or above the peer median on 1 of 7 directional measures.
Return on Assets
0.60%
Rank 47 of 56
Net Interest Margin
4.01%
Rank 25 of 56
Efficiency Ratio
76.69%
Rank 40 of 56
Equity / Assets
9.45%
Rank 51 of 56
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 0.60% | 0.74% | 1.15% | 1.47% | Beats 16% | 47 / 56 | | |
| Return on Equity | 6.40% | 6.40% | 9.29% | 11.51% | Beats 25% | 42 / 56 | | |
| Net Interest Margin | 4.01% | 3.40% | 3.92% | 4.36% | Beats 55% | 25 / 56 | | |
| Efficiency Ratio | 76.69% | 65.99% | 72.16% | 78.25% | Beats 30% | 40 / 56 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 2.33% | 0.49% | 0.84% | 1.28% | Beats 5% | 54 / 56 | | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution |
| Capital |
| Tier 1 Capital Ratio | 9.45% | 10.20% | 12.14% | 14.32% | Beats 9% | 51 / 56 | | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution |
| Equity / Assets | 9.45% | 10.20% | 12.14% | 14.32% | Beats 9% | 51 / 56 | | |
| Liquidity & Funding |
| Loans / Deposits | 90.51% | 52.28% | 65.96% | 76.17% | 95th pctl | 3 / 56 | | |
| Loans / Assets | 81.41% | 45.34% | 56.55% | 67.04% | 96th pctl | 2 / 56 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |