Straits Area
Cheboygan, MI · Charter 7428 · Peer group: credit unions under $1B in assets in MI (n=56)
NCUA · 4 branches
Q2 2026
$132.4MAssets
$54.1MLoans
$115.6MShares
$15.5MNet Worth
Executive Summary
- Strongest standing: net interest margin outperforms 71% of credit unions under $1B in assets in MI (rank 16 of 56).
- Widest gap: nonperforming loans / loans trails 98% of credit unions under $1B in assets in MI (rank 56 of 56).
- Overall: at or above the peer median on 3 of 7 directional measures.
Return on Assets
1.27%
Rank 23 of 56
Net Interest Margin
4.29%
Rank 16 of 56
Efficiency Ratio
73.73%
Rank 32 of 56
Equity / Assets
11.74%
Rank 31 of 56
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | 8-Qtr Trend | Peer Position |
|---|
| Earnings |
| Return on Assets | 1.27% | 0.74% | 1.15% | 1.47% | Beats 59% | 23 / 56 | | |
| Return on Equity | 10.80% | 6.40% | 9.29% | 11.51% | Beats 68% | 18 / 56 | | |
| Net Interest Margin | 4.29% | 3.40% | 3.92% | 4.36% | Beats 71% | 16 / 56 | | |
| Efficiency Ratio | 73.73% | 65.99% | 72.16% | 78.25% | Beats 45% | 32 / 56 | | |
| Asset Quality |
| Nonperforming Loans / Loans | 2.77% | 0.49% | 0.84% | 1.28% | Beats 2% | 56 / 56 | | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution |
| Capital |
| Tier 1 Capital Ratio | 11.74% | 10.20% | 12.14% | 14.32% | Beats 45% | 31 / 56 | | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution |
| Equity / Assets | 11.74% | 10.20% | 12.14% | 14.32% | Beats 45% | 31 / 56 | | |
| Liquidity & Funding |
| Loans / Deposits | 46.81% | 52.28% | 65.96% | 76.17% | 14th pctl | 48 / 56 | | |
| Loans / Assets | 40.87% | 45.34% | 56.55% | 67.04% | 21st pctl | 44 / 56 | | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |