STRAITS AREA
Charter #7428 · Cheboygan, MI · $100M-$500M
Public 5300 data · as of 2026Q1
What the numbers say
- Net interest margin of 4.36% ranks in the 92nd percentile among structurally similar credit unions — a relative strength.
- Delinquency 60+ days of 2.44% sits at the 97th percentile of structural peers — worth a closer look.
- On Total assets, the asset-size band puts this credit union at the 20th percentile but its structural peers at the 52nd — a 32-point gap showing why the peer definition matters.
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 | STRAITS AREA | Asset-tier percentile | Structural percentile |
|---|---|---|---|
| Total assets | $130.50M | 20th pct | 52th pct |
| Members | 12,057 | 44th pct | 64th pct |
| Net worth ratio | 11.50% | 51th pct | 44th pct |
| Return on average assets | 0.97% | 68th pct | 64th pct |
| Net interest margin | 4.36% | 86th pct | 92th pct |
| Cost of funds | 0.64% | 24th pct | 46th pct |
| Loan-to-share | 46.02% | 8th pct | 31th pct |
| Delinquency 60+ days | 2.44% | 97th pct | 97th pct |
| Net charge-off ratio | 0.48% | 62th pct | 51th pct |
| Loan growth YoY | -1.14% | 34th pct | 51th pct |
| Share growth YoY | 3.18% | 46th pct | 36th pct |
| Efficiency ratio | 78.27% | 49th pct | 44th pct |
structural peer set hash: 6e5a763914553acca8856e65b0ee21fa… (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.