Michigan Legacy Wyandotte, MI · Charter 62642 · Peer group: credit unions under $1B in assets in the Detroit-Warren-Dearborn, MI area (n=38)
NCUA · 5 branches
Q2 2026
$226.8M Assets
$134.2M Loans
$198.5M Shares
$28.2M Net Worth
Executive Summary Strongest standing: nonperforming loans / loans outperforms 71% of credit unions under $1B in assets in the Detroit-Warren-Dearborn, MI area (rank 12 of 38). Widest gap: efficiency ratio trails 79% of credit unions under $1B in assets in the Detroit-Warren-Dearborn, MI area (rank 31 of 38). Overall: at or above the peer median on 3 of 7 directional measures. Return on Assets
0.52%
Rank 27 of 38
Net Interest Margin
3.55%
Rank 25 of 38
Efficiency Ratio
84.23%
Rank 31 of 38
Equity / Assets
12.45%
Rank 19 of 38
Metric Your Credit Union Peer 25th Peer Median Peer 75th Standing Rank Peer Position Earnings Return on Assets 0.52% 0.49% 0.78% 1.16% Beats 29% 27 / 38 Return on Equity 4.17% 3.91% 6.52% 8.43% Beats 26% 28 / 38 Net Interest Margin 3.55% 3.41% 3.65% 4.18% Beats 34% 25 / 38 Efficiency Ratio 84.23% 72.88% 78.35% 82.40% Beats 21% 31 / 38 Asset Quality Nonperforming Loans / Loans 0.46% 0.36% 0.84% 1.47% Beats 71% 12 / 38 Net Charge-Offs / Loans n/a Not reported for this institution Capital Tier 1 Capital Ratio 12.45% 11.22% 12.45% 15.29% Beats 50% 19 / 38 Total Risk-Based Capital Ratio n/a Not reported for this institution Equity / Assets 12.45% 11.22% 12.45% 15.29% Beats 50% 19 / 38 Liquidity & Funding Loans / Deposits 67.61% 38.40% 54.78% 75.62% 63rd pctl 14 / 38 Loans / Assets 59.17% 32.99% 45.72% 63.66% 63rd pctl 14 / 38 Brokered Deposits / Deposits n/a Not reported for this institution
Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Peer statistics computed across credit unions under $1B in assets in the Detroit-Warren-Dearborn, MI area; percentile is the share of peers with a lower reported value. Each ratio is ranked only among the institutions that reported it, so the denominator in the Rank column varies by measure. Income-statement figures on this page are year-to-date as filed, annualized, because the peer percentiles are computed on that basis. Performance Trends defaults to the discrete quarter, so the same measure can read differently there in any quarter but the first, where year-to-date and the quarter cover the same period. Peer comparisons use ratios standardized identically across all institutions and can differ from as-filed figures. Subchapter S banks are restated to an after-tax equivalent at 21.50%, the median effective tax rate of the 2,758 C-corporation banks filing for this quarter. The rate is recomputed each quarter, and C-corporation figures are unchanged. Peer groups below the disclosure floor are suppressed.
CallReports · callreports.ai · Peer Comparison Generated 2026-10-11