MICHIGAN LEGACY
Charter #62642 · Wyandotte, MI · $100M-$500M
Public 5300 data · as of 2026Q1
What the numbers say
- Cost of funds of 0.06% ranks in the 13th percentile among structurally similar credit unions — a relative strength.
- Net charge-off ratio of 0.81% 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 | MICHIGAN LEGACY | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $223.61M | 58th pct | 48th pct |
| Members | 18,249 | 71th pct | 66th pct |
| Net worth ratio | 12.52% | 64th pct | 67th pct |
| Return on average assets | 0.68% | 48th pct | 36th pct |
| Net interest margin | 3.65% | 49th pct | 46th pct |
| Cost of funds | 0.06% | 5th pct | 13th pct |
| Loan-to-share | 70.14% | 47th pct | 52th pct |
| Delinquency 60+ days | 0.62% | 51th pct | 51th pct |
| Net charge-off ratio | 0.81% | 84th pct | 92th pct |
| Loan growth YoY | 1.08% | 58th pct | 62th pct |
| Share growth YoY | 4.96% | 70th pct | 62th pct |
| Efficiency ratio | 81.44% | 60th pct | 66th pct |
structural peer set hash: 31bbeca59e0349d819fdd066a563c1d4… (reproducible)
Closest structural peers
This is the free public view
Claim MICHIGAN LEGACY
Unlock the full operating picture — scenario modeling, deposit & collections packs, the governed action framework, and an exam-ready evidence binder with every number traced to its basis.
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.