MICHIGAN FIRST
Charter #60522 · Lathrup Village, MI · >$1B
Public 5300 data · as of 2026Q1
What the numbers say
- Members of 162,645 ranks in the 87th percentile among structurally similar credit unions — a relative strength.
- Net worth ratio of 15.57% ranks in the 97th percentile among structurally similar credit unions — a relative strength.
- Net interest margin of 4.33% ranks in the 90th percentile among structurally similar credit unions — a relative strength.
- Delinquency 60+ days of 1.03% sits at the 84th percentile of structural peers — worth a closer look.
- Net charge-off ratio of 1.11% sits at the 90th percentile of structural peers — worth a closer look.
Headline ratios vs. peers
Two peer definitions side by side: the NCUA asset-size band, and Innorve's structural peers matched on loan mix, size, growth and geography.
| Metric | MICHIGAN FIRST | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $1.50B | 31th pct | 49th pct |
| Members | 162,645 | 63th pct | 87th pct |
| Net worth ratio | 15.57% | 94th pct | 97th pct |
| Return on average assets | 0.77% | 54th pct | 56th pct |
| Net interest margin | 4.33% | 95th pct | 90th pct |
| Cost of funds | 0.66% | 15th pct | 26th pct |
| Loan-to-share | 95.69% | 81th pct | 82th pct |
| Delinquency 60+ days | 1.03% | 80th pct | 84th pct |
| Net charge-off ratio | 1.11% | 88th pct | 90th pct |
| Loan growth YoY | -0.17% | 25th pct | 28th pct |
| Share growth YoY | 5.58% | 71th pct | 75th pct |
| Efficiency ratio | 80.42% | 79th pct | 70th pct |
structural peer set hash: 7bc719171746398ed5704388204ab0ce… (reproducible)
Closest structural peers
This is the free public view
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Source: public NCUA 5300 Call Report data, cycle 2026Q1. Figures are computed deterministically by Innorve and may differ from figures the institution reports elsewhere. This page is informational and is not endorsed by the credit union or the NCUA.