SAFE HARBOR
Charter #61988 · Ludington, MI · $100M-$500M
Public 5300 data · as of 2026Q1
What the numbers say
- Return on average assets of -0.15% sits at the 8th percentile of structural peers — worth a closer look.
- Net interest margin of 4.04% ranks in the 82nd percentile among structurally similar credit unions — a relative strength.
- Cost of funds of 0.32% ranks in the 5th percentile among structurally similar credit unions — a relative strength.
- Delinquency 60+ days of 1.13% sits at the 84th percentile of structural peers — worth a closer look.
- Net charge-off ratio of 0.85% sits at the 92nd 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 | SAFE HARBOR | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $181.65M | 44th pct | 44th pct |
| Members | 8,971 | 24th pct | 38th pct |
| Net worth ratio | 9.60% | 22th pct | 41th pct |
| Return on average assets | -0.15% | 6th pct | 8th pct |
| Net interest margin | 4.04% | 73th pct | 82th pct |
| Cost of funds | 0.32% | 13th pct | 5th pct |
| Loan-to-share | 92.17% | 92th pct | 74th pct |
| Delinquency 60+ days | 1.13% | 81th pct | 84th pct |
| Net charge-off ratio | 0.85% | 85th pct | 92th pct |
| Loan growth YoY | -0.09% | 46th pct | 39th pct |
| Share growth YoY | -2.07% | 3th pct | 7th pct |
| Efficiency ratio | 78.99% | 51th pct | 31th pct |
structural peer set hash: 5fea9a40d89be22834f5bb76439a214e… (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.