Michigan Legacy Credit Union
Total assets
$223.6M
▲ +2.6% YoY
Shares & deposits
$195.8M
▲ +2.5% YoY
Loans
$137.3M
▼ -4.6% YoY
Members
18,249
▼ -10.1% YoY
ROA (annualized)
0.66%
peers 0.69%
ROE (annualized)
5.28%
peers 5.95%
Peer comparison 1,070 credit unions with 100M-500M in assets
| Metric | This credit union | Peer median | Δ |
|---|---|---|---|
| Asset growth (YoY) | +2.6% | +3.9% | -1.3 pts |
| Share growth (YoY) | +2.5% | +3.3% | -0.8 pts |
| Loan growth (YoY) | -4.6% | +2.9% | -7.5 pts |
| ROA | 0.66% | 0.69% | -0.0 pts |
| ROE | 5.3% | 5.9% | -0.7 pts |
ROA ranks in the 48th percentile of its peer group · Q1 2026
Profile
- Established
- 1946
- Charter
- FISCU
- Primary regulator
- NCUA
- NCUA peer group
- Peer group 5
- Address
- 269 Oak St., Wyandotte, MI, 48192
- NCUA charter #
- 62642
- RSSD ID
- 795995
- Latest call report
- Q1 2026
Total assets last 8 quarters
Members last 8 quarters
Quarterly financials NCUA 5300 call report
| Quarter | Assets | Shares | Loans | Net worth | Net income YTD | ROA | NIM | Delinquency | Members |
|---|---|---|---|---|---|---|---|---|---|
| Q1 2026 | $223.6M | $195.8M | $137.3M | $28.0M | $370K | 0.66% | 3.56% | 0.62% | 18,249 |
| Q4 2025 | $213.0M | $185.5M | $143.3M | $27.6M | $940K | 0.44% | 3.88% | 0.71% | 18,772 |
| Q3 2025 | $214.4M | $186.5M | $135.8M | $27.6M | $908K | 0.56% | 3.87% | 0.70% | 19,949 |
| Q2 2025 | $218.7M | $191.5M | $139.9M | $26.9M | $179K | 0.16% | 3.76% | 0.94% | 20,174 |
| Q1 2025 | $217.9M | $191.0M | $143.9M | $26.9M | $114K | 0.21% | 3.67% | 0.71% | 20,290 |
| Q4 2024 | $209.5M | $183.1M | $143.8M | $26.7M | $1.4M | 0.68% | 3.78% | 0.60% | 20,333 |
| Q3 2024 | $210.8M | $183.6M | $150.7M | $26.5M | $1.2M | 0.74% | 3.73% | 0.79% | 20,549 |
| Q2 2024 | $215.6M | $189.5M | $154.6M | $26.2M | $843K | 0.78% | 3.60% | 0.62% | 20,922 |
Loan mix (Q1 2026): real estate $84.0M · commercial $7.1M · consumer $42.2M · securities $16.4M
Ratio pack Q1 2026 · peer medians from 1070 institutions
Profitability
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Return on assets Annualized net income ÷ assets | 0.66% | 0.69% | 48th | |
Return on equity Annualized net income ÷ equity or net worth | 5.3% | 5.9% | 44th | |
Net interest margin Interest income − interest expense, ÷ assets | 3.56% | 3.62% | 47th | |
Efficiency ratio Operating expense ÷ revenue — lower is leaner | 81.4% | 78.7% | 60th | |
Non-interest income share Fees and other income as a share of total revenue | 00.0% | 00.0% | ||
Cost of funds Annualized interest expense ÷ deposits | 00.0% | 00.0% |
Balance sheet
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loan-to-deposit Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand | 00.0% | 00.0% | ||
Loans-to-assets How much of the balance sheet is lent out | 00.0% | 00.0% | ||
Securities-to-assets Investment portfolio as a share of assets | 00.0% | 00.0% | ||
Cash-to-assets On-balance-sheet liquidity | 00.0% | 00.0% |
Capital
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Capital ratio Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7% | 00.0% | 00.0% |
Credit quality
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Nonperforming / delinquency Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans | 00.0% | 00.0% | ||
Net charge-off rate Annualized charge-offs net of recoveries ÷ loans | 00.0% | 00.0% | ||
CRE concentration Commercial real estate loans ÷ capital. Regulators flag banks above 300% | 00.0% | 00.0% |
Franchise
| Ratio | Value | Trend (8q) | Peer median | Peer percentile |
|---|---|---|---|---|
Loans per member Member borrowing depth | 00.0% | 00.0% | ||
Deposits per member Member relationship depth | 00.0% | 00.0% |
12 more ratios, with trends and peer percentiles.
See Pro plan →The full ratio pack is part of CharterBench Pro.
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