Gogebic County
Bessemer, MI · Charter 7644 · Peer group: credit unions under $1B in assets in MI (n=56)
NCUA · 3 branches
Q2 2026
$38.5MAssets
$11.8MLoans
$31.7MShares
$6.6MNet Worth
Executive Summary
- Strongest standing: return on assets outperforms 98% of credit unions under $1B in assets in MI (rank 1 of 56).
- Widest gap: nonperforming loans / loans trails 61% of credit unions under $1B in assets in MI (rank 35 of 56).
- Overall: at or above the peer median on 6 of 7 directional measures.
Return on Assets
2.41%
Rank 1 of 56
Net Interest Margin
4.84%
Rank 2 of 56
Efficiency Ratio
56.95%
Rank 4 of 56
Equity / Assets
17.21%
Rank 6 of 56
| Metric | Your Credit Union | Peer 25th | Peer Median | Peer 75th | Standing | Rank | Peer Position |
|---|
| Earnings |
| Return on Assets | 2.41% | 0.74% | 1.15% | 1.47% | Beats 98% | 1 / 56 | |
| Return on Equity | 13.98% | 6.40% | 9.29% | 11.51% | Beats 88% | 7 / 56 | |
| Net Interest Margin | 4.84% | 3.40% | 3.92% | 4.36% | Beats 96% | 2 / 56 | |
| Efficiency Ratio | 56.95% | 65.99% | 72.16% | 78.25% | Beats 95% | 4 / 56 | |
| Asset Quality |
| Nonperforming Loans / Loans | 0.90% | 0.49% | 0.84% | 1.28% | Beats 39% | 35 / 56 | |
| Net Charge-Offs / Loans | n/a | Not reported for this institution |
| Capital |
| Tier 1 Capital Ratio | 17.21% | 10.20% | 12.14% | 14.32% | Beats 89% | 6 / 56 | |
| Total Risk-Based Capital Ratio | n/a | Not reported for this institution |
| Equity / Assets | 17.21% | 10.20% | 12.14% | 14.32% | Beats 89% | 6 / 56 | |
| Liquidity & Funding |
| Loans / Deposits | 37.22% | 52.28% | 65.96% | 76.17% | 7th pctl | 52 / 56 | |
| Loans / Assets | 30.60% | 45.34% | 56.55% | 67.04% | 5th pctl | 53 / 56 | |
| Brokered Deposits / Deposits | n/a | Not reported for this institution |