MICHIGAN SCHOOLS AND GOVERNMENT

Charter #62049 | MI

3B-5B (76 CUs) Mid-Market (380 CUs)
3 3B-5B in MI

MICHIGAN SCHOOLS AND GOVERNMENT has 8 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 2.6% in tier
  • + Organic Growth Leader: Top 11.2% in tier
  • + Wallet Share Momentum: Top 20.2% in tier
  • + Relationship Depth Leader: Top 30.2% in tier
  • + ROA 0.42% above tier average
  • + Strong member growth: 5.3% YoY
  • + Loan-to-Member Ratio (LMR): Top 2.6% in tier
  • + Average Member Relationship (AMR): Top 3.9% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 1.7% in tier
  • - Growth-at-Risk: Bottom 19.2% in tier
  • - Credit Quality Pressure: Bottom 24.6% in tier
  • - Indirect Auto Dependency: Bottom 25.8% in tier
  • - Liquidity Overhang: Bottom 34.3% in tier
  • - Share Certificate Concentration (%): Bottom 6.6% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 160,138
+5.3% YoY+1.0% QoQ
 -78.3K 238,465
+0.6% YoY
 35,456
+8.6% YoY
 33,089
+6.1% YoY
 Bottom 10.5% in tier
Assets $4.2B
+9.5% YoY+1.7% QoQ
 +$195.5M $4.0B
-0.1% YoY
 $650.8M
+12.6% YoY
 $547.7M
+7.8% YoY
 57th in tier
Loans $3.6B
+9.9% YoY+2.0% QoQ
 +$581.4M $3.0B
+3.3% YoY
 $461.6M
+14.9% YoY
 $388.7M
+8.6% YoY
 Top 17.1% in tier
Deposits $3.4B
+8.9% YoY-0.6% QoQ
 +$90.1M $3.3B
+1.1% YoY
 $550.3M
+12.5% YoY
 $464.6M
+9.3% YoY
 57th in tier
ROA 1.2%
+10.9% YoY+20.4% QoQ
 +0.4% 0.7%
+5.3% YoY
 0.8%
-27.1% YoY
 0.7%
+273.4% YoY
 Top 22.4% in tier
NIM 2.7%
+18.8% YoY+1.9% QoQ
 -0.5% 3.2%
+13.7% YoY
 3.7%
+8.5% YoY
 3.7%
+5.0% YoY
 Bottom 18.4% in tier
Efficiency Ratio 59.4%
-3.8% YoY-6.0% QoQ
 -11.8% 71.3%
-0.6% YoY
 76.1%
-1.3% YoY
 79.1%
-3.3% YoY
 Bottom 11.8% in tier
Delinquency Rate 0.5%
+4.3% YoY-5.6% QoQ
 -0.3 0.8%
+15.9% YoY
 0.9%
-19.7% YoY
 1.2%
-0.9% YoY
 46th in tier
Loan To Share 105.2%
+0.9% YoY+2.7% QoQ
 +14.3% 90.8%
+2.0% YoY
 68.1%
+0.3% YoY
 68.0%
-1.7% YoY
 Top 13.2% in tier
AMR $43,860
+3.9% YoY-0.3% QoQ
 +$15K $29,088
+0.1% YoY
 $22,054
+2.5% YoY
 $19,418
+1.3% YoY
 Top 5.3% in tier
CD Concentration 46.5%
+0.1% YoY+2.0% QoQ
 +17.5% 29.0%
+0.8% YoY
 18.6%
+6.0% YoY
 19.6%
+6.2% YoY
 Top 4.5% in tier
Indirect Auto % 15.2%
-12.4% YoY-0.6% QoQ
 -3.6% 18.8%
-2.8% YoY
 11.9%
-2.7% YoY
 7.9%
-2.9% YoY
 47th in tier

Signature Analysis

Strengths (4)

Organic Growth Engine

growth
#20 of 246 • Top 2.6% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 5.30%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 1.17%
(Tier: 0.71%, National: 0.71%)
better than tier avg
Indirect Auto %: 15.17%
(Tier: 18.80%, National: 7.90%)
better than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank improving

Organic Growth Leader

growth
#45 of 138 • Top 11.2% in tier

Attracting members without relying on indirect channels. Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 5.30%
(Tier: 3.18%, National: 9.37%)
better than tier avg
138 of 380 Mid-Market CUs have this signature | 608 nationally
↑ Growing +11 CUs YoY | Rank improving

Wallet Share Momentum

growth
#147 of 264 • Top 20.2% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 3.91%
(Tier: 3.04%, National: 4.19%)
better than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#219 of 264 • Top 30.2% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 3.91%
(Tier: 3.04%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.0K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | Rank worsening

Concerns (5)

Liquidity Strain

risk
#10 of 183 • Bottom 1.7% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 105.18%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 9.88%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank improving

Growth-at-Risk

risk
#108 of 161 • Bottom 19.2% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 9.88%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.02% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#189 of 217 • Bottom 24.6% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.02% points
(Tier: 0.07% points, National: 0.07% points)
but better than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank worsening

Indirect Auto Dependency

risk
#160 of 202 • Bottom 25.8% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): 9.52%
(Tier: 5.36%, National: 3.04%)
but better than tier avg
Indirect Auto %: 15.17%
(Tier: 18.80%, National: 7.90%)
but better than tier avg
Member Growth (YoY): 5.30%
(Tier: 3.18%, National: 9.37%)
but better than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY | Rank improving

Liquidity Overhang

risk
#111 of 113 • Bottom 34.3% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 12.33%
(Tier: 11.30%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 105.18%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
113 of 380 Mid-Market CUs have this signature | 691 nationally
↑ Growing +9 CUs YoY | Rank worsening

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 76 peers in tier

Top Strengths (11 metrics)

3
Loan-to-Member Ratio (LMR)
engagement
Value: $22,483
Peer Avg: $13,761
#3 of 76 Top 2.6% in 3B-5B tier
4
Average Member Relationship (AMR)
engagement
Value: $43,860
Peer Avg: $29,088
#4 of 76 Top 3.9% in 3B-5B tier
10
Efficiency Ratio
profitability
Value: 59.43%
Peer Avg: 71.26%
#10 of 76 Top 11.8% in 3B-5B tier
10
Loan-to-Share Ratio
balance_sheet
Value: 105.18%
Peer Avg: 90.85%
#10 of 76 Top 11.8% in 3B-5B tier
13
Asset Growth Rate
growth
Value: 9.52%
Peer Avg: 7.42%
#13 of 76 Top 15.8% in 3B-5B tier
13
Net Worth Ratio
risk
Value: 12.33%
Peer Avg: 10.75%
#13 of 76 Top 15.8% in 3B-5B tier
13
Total Loans
balance_sheet
Value: $3.60B
Peer Avg: $3.02B
#13 of 76 Top 15.8% in 3B-5B tier
17
Return on Assets (ROA)
profitability
Value: 1.17%
Peer Avg: 0.75%
#17 of 76 Top 21.1% in 3B-5B tier
19
Deposit Growth Rate
growth
Value: 8.94%
Peer Avg: 8.84%
#19 of 76 Top 23.7% in 3B-5B tier
19
Net Charge-Off Rate
risk
Value: 0.29%
Peer Avg: 0.64%
#19 of 76 Top 23.7% in 3B-5B tier

Top Weaknesses (3 metrics)

72
Share Certificate Concentration (%)
balance_sheet
Value: 46.48%
Peer Avg: 30.70%
#72 of 76 Bottom 6.6% in 3B-5B tier
68
Total Members
engagement
Value: 160,138
Peer Avg: 238,466
#68 of 76 Bottom 11.8% in 3B-5B tier
62
Net Interest Margin (NIM)
profitability
Value: 2.65%
Peer Avg: 3.20%
#62 of 76 Bottom 19.7% in 3B-5B tier