Development
C
Meijer Credit Union
Rating Date
March 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Meijer Credit Union
Grand Rapids, MI
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Rating C
Asset Quality Index 6.90
Capitalization Index 6.40
Liquidity Index 3.30
Profitability Index 6.00
Stability Index 3.40
Company Info Meijer Credit Union
Grand Rapids, MI
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NCUA Charter Number 4726
Phone Number (616) 784-4822
Website www.meijercreditunion.com
Asset Quality Meijer Credit Union
Grand Rapids, MI
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1-Year Asset Growth 8.55%
5-Year Asset Growth 7.66%
5-Year Charge-Offs to Average Loans 0.99%
Charge-Offs to Average Loans 0.35%
Non-Performing Assets to Assets 0.52%
Non-Performing Loans to Capital 5.61%
Non-Performing Loans to Loans 0.76%
Balance Sheet Meijer Credit Union
Grand Rapids, MI
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Total Assets 93.32M
Total Deposits 83.66M
Capital and Reserves Meijer Credit Union
Grand Rapids, MI
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Capital 8.28M
Leverage Ratio 9.88
Loan Loss Reserves to Loans 0.46%
Liquidity Meijer Credit Union
Grand Rapids, MI
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Hot Money Ratio 5.87%
Liquidity Ratio 16.91%
Profitability Meijer Credit Union
Grand Rapids, MI
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5-Year Return on Average Assets 0.37%
Net Income 797.00K
Net Interest Spread 4.25%
Operating Profit to Average Assets 1.00%
Overhead Efficiency Ratio 84.34%
Return on Assets 0.88%
Return on Equity 10.67%