Development
Preferred Credit Union
| Weiss Ratings |
Preferred Credit Union
Grand Rapids, MI |
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| Rating | ||||
| Asset Quality Index | 9.80 | |||
| Capitalization Index | 9.50 | |||
| Liquidity Index | 3.80 | |||
| Profitability Index | 7.60 | |||
| Stability Index | 7.00 | |||
| Company Info |
Preferred Credit Union
Grand Rapids, MI |
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| NCUA Charter Number | 157 | |||
| Phone Number | (616) 942-9630 | |||
| Website | www.preferredcu.org | |||
| Asset Quality |
Preferred Credit Union
Grand Rapids, MI |
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| 1-Year Asset Growth | 3.39% | |||
| 5-Year Asset Growth | 9.70% | |||
| 5-Year Charge-Offs to Average Loans | 0.32% | |||
| Charge-Offs to Average Loans | 0.25% | |||
| Non-Performing Assets to Assets | 0.26% | |||
| Non-Performing Loans to Capital | 2.23% | |||
| Non-Performing Loans to Loans | 0.47% | |||
| Balance Sheet |
Preferred Credit Union
Grand Rapids, MI |
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| Total Assets | 268.77M | |||
| Total Deposits | 232.72M | |||
| Capital and Reserves |
Preferred Credit Union
Grand Rapids, MI |
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| Capital | 30.02M | |||
| Leverage Ratio | 13.91 | |||
| Loan Loss Reserves to Loans | 1.00% | |||
| Liquidity |
Preferred Credit Union
Grand Rapids, MI |
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| Hot Money Ratio | 7.58% | |||
| Liquidity Ratio | 13.69% | |||
| Profitability |
Preferred Credit Union
Grand Rapids, MI |
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| 5-Year Return on Average Assets | 1.01% | |||
| Net Income | 2.78M | |||
| Net Interest Spread | 4.07% | |||
| Operating Profit to Average Assets | 1.22% | |||
| Overhead Efficiency Ratio | 76.99% | |||
| Return on Assets | 1.05% | |||
| Return on Equity | 10.38% | |||