Lake Michigan
Grand Rapids, MI · Charter 62514 · Peer group: credit unions any (n=25)
NCUA · 76 branches
Q2 2026
$17.3BAssets
$13.7BLoans
$14.7BShares
$1.9BNet Worth
Executive Summary
- Strongest standing: nonperforming loans / loans outperforms 88% of credit unions any (rank 4 of 25).
- Widest gap: net interest margin trails 92% of credit unions any (rank 23 of 25).
- Overall: at or above the peer median on 6 of 7 directional measures.
Return on Assets
1.18%
Rank 9 of 25
Net Interest Margin
2.51%
Rank 23 of 25
Efficiency Ratio
61.07%
Rank 13 of 25
Equity / Assets
11.27%
Rank 9 of 25
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.18% | 0.54% | 0.87% | 1.36% | Beats 64% | 9 / 25 | | |
| Return on Equity | 10.47% | 5.49% | 9.20% | 10.99% | Beats 60% | 10 / 25 | | |
| Net Interest Margin | 2.51% | 2.86% | 3.13% | 3.50% | Beats 8% | 23 / 25 | | |
| Efficiency Ratio | 61.07% | 54.62% | 61.07% | 70.28% | Beats 52% | 13 / 25 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.35% | 0.64% | 0.92% | 1.30% | Beats 88% | 4 / 25 | | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution |
| Capital |
| Tier 1 Capital Ratio | 11.27% | 9.55% | 10.72% | 11.84% | Beats 64% | 9 / 25 | | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution |
| Equity / Assets | 11.27% | 9.55% | 10.72% | 11.84% | Beats 64% | 9 / 25 | | |
| Liquidity & Funding |
| Loans / Deposits | 92.76% | 81.23% | 88.75% | 93.33% | 64th pctl | 9 / 25 | | |
| Loans / Assets | 79.19% | 68.82% | 78.26% | 79.51% | 60th pctl | 10 / 25 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |