LAKE MICHIGAN

Charter #62514 | MI

10B+ (21 CUs) Titans (21 CUs)
1 10B+ in MI

LAKE MICHIGAN has 13 strengths but faces 2 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Emerging Performer: Top 6.7% in tier
  • + Organic Growth Engine: Top 7.4% in tier
  • + Relationship Depth Leader: Top 15.6% in tier
  • + Organic Growth Leader: Top 20.0% in tier
  • + Wallet Share Momentum: Top 31.2% in tier
  • + ROA 0.62% above tier average
  • + Fee Income Per Member: Top 0.0% in tier
  • + Total Delinquency Rate (60+ days): Top 0.0% in tier
  • + Net Charge-Off Rate: Top 0.0% in tier
  • + Loan-to-Member Ratio (LMR): Top 0.0% in tier
  • + Average Member Relationship (AMR): Top 4.8% in tier
  • + Net Worth Ratio: Top 9.5% in tier
  • + Loan-to-Share Ratio: Top 9.5% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 0.0% in tier
  • - Members Per Employee (MPE): Bottom 4.8% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (MI) National Avg Tier Percentile
Members 517,086
+4.1% YoY+1.7% QoQ
 -1.3M 1,822,416
+4.1% YoY
 35,456
+8.6% YoY
 33,089
+6.1% YoY
 Bottom 14.3% in tier
Assets $15.2B
+5.8% YoY+2.4% QoQ
 $-13.5B $28.7B
+4.2% YoY
 $650.8M
+12.6% YoY
 $547.7M
+7.8% YoY
 38th in tier
Loans $13.1B
+9.2% YoY+3.7% QoQ
 $-8.0B $21.1B
+5.8% YoY
 $461.6M
+14.9% YoY
 $388.7M
+8.6% YoY
 48th in tier
Deposits $12.9B
+5.6% YoY+2.6% QoQ
 $-11.6B $24.4B
+7.2% YoY
 $550.3M
+12.5% YoY
 $464.6M
+9.3% YoY
 43rd in tier
ROA 1.4%
+34.2% YoY-3.6% QoQ
 +0.6% 0.8%
+17.7% YoY
 0.8%
-27.1% YoY
 0.7%
+273.4% YoY
 Top 14.3% in tier
NIM 2.7%
+24.4% YoY+0.1% QoQ
 -0.4% 3.1%
+10.6% YoY
 3.7%
+8.5% YoY
 3.7%
+5.0% YoY
 Bottom 19.0% in tier
Efficiency Ratio 57.9%
-7.7% YoY+1.5% QoQ
 -6.4% 64.3%
-4.3% YoY
 76.1%
-1.3% YoY
 79.1%
-3.3% YoY
 29th in tier
Delinquency Rate 0.3%
-9.3% YoY-3.7% QoQ
 -0.8 1.2%
+9.7% YoY
 0.9%
-19.7% YoY
 1.2%
-0.9% YoY
 Bottom 0.0% in tier
Loan To Share 101.7%
+3.5% YoY+1.1% QoQ
 +11.9% 89.8%
-0.3% YoY
 68.1%
+0.3% YoY
 68.0%
-1.7% YoY
 Top 14.3% in tier
AMR $50,202
+3.2% YoY+1.5% QoQ
 +$19K $31,184
+7.8% YoY
 $22,054
+2.5% YoY
 $19,418
+1.3% YoY
 Top 9.5% in tier
CD Concentration 26.9%
+1.1% YoY+12.3% QoQ
 -5.0% 31.9%
+2.0% YoY
 18.6%
+6.0% YoY
 19.6%
+6.2% YoY
 Bottom 23.8% in tier
Indirect Auto % 5.7%
-6.3% YoY+1.5% QoQ
 -8.5% 14.2%
-8.9% YoY
 11.9%
-2.7% YoY
 7.9%
-2.9% YoY
 29th in tier

Signature Analysis

Strengths (5)

Emerging Performer

growth
#3 of 10 • Top 6.7% in tier

Profitable credit union with positive returns. May represent growth potential worth exploring.

Why This Signature
Return on Assets: 1.39%
(Tier: 0.76%, National: 0.71%)
better than tier avg
Member Growth (YoY): 4.08%
(Tier: 3.59%, National: 9.37%)
better than tier avg
10 of 21 Titans CUs have this signature | 852 nationally
→ Stable (10→10 CUs)

Organic Growth Engine

growth
#5 of 18 • Top 7.4% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 4.08%
(Tier: 3.59%, National: 9.37%)
better than tier avg
Return on Assets: 1.39%
(Tier: 0.76%, National: 0.71%)
better than tier avg
Indirect Auto %: 5.73%
(Tier: 14.25%, National: 7.90%)
better than tier avg
18 of 21 Titans CUs have this signature | 917 nationally
→ Stable (18→18 CUs)

Relationship Depth Leader

growth
#6 of 14 • Top 15.6% in tier

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

Why This Signature
AMR Growth (YoY): 3.18%
(Tier: 2.80%, National: 4.19%)
better than tier avg
Share Draft per Member: $6.1K
(Tier: $2.9K, National: $2.0K)
better than tier avg
14 of 21 Titans CUs have this signature | 1330 nationally
↑ Growing +8 CUs YoY | Rank worsening

Organic Growth Leader

growth
#8 of 12 • Top 20.0% in tier

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

Why This Signature
Member Growth (YoY): 4.08%
(Tier: 3.59%, National: 9.37%)
better than tier avg
12 of 21 Titans CUs have this signature | 608 nationally
→ Stable (11→12 CUs) +1 CUs YoY

Wallet Share Momentum

growth
#11 of 14 • Top 31.2% in tier

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

Why This Signature
AMR Growth (YoY): 3.18%
(Tier: 2.80%, National: 4.19%)
better than tier avg
14 of 21 Titans CUs have this signature | 1330 nationally
↑ Growing +8 CUs YoY | Rank worsening

Concerns (1)

Liquidity Strain

risk
#1 of 11 • Bottom 0.0% in tier

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

Why This Signature
Loan-to-Share Ratio: 101.69%
(Tier: 89.80%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 9.24%
(Tier: 6.37%, National: 36.38%)
but better than tier avg
11 of 21 Titans CUs have this signature | 484 nationally
→ Stable (11→11 CUs) | Rank improving

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 21 peers in tier

Top Strengths (10 metrics)

1
Fee Income Per Member
profitability
Value: $333.92
Peer Avg: $171.28
#1 of 21 Top 0.0% in 10B+ tier
1
Total Delinquency Rate (60+ days)
risk
Value: 0.34%
Peer Avg: 1.18%
#1 of 21 Top 0.0% in 10B+ tier
1
Net Charge-Off Rate
risk
Value: 0.14%
Peer Avg: 0.85%
#1 of 21 Top 0.0% in 10B+ tier
1
Loan-to-Member Ratio (LMR)
engagement
Value: $25,311
Peer Avg: $14,676
#1 of 21 Top 0.0% in 10B+ tier
2
Average Member Relationship (AMR)
engagement
Value: $50,202
Peer Avg: $31,184
#2 of 21 Top 4.8% in 10B+ tier
3
Return on Assets (ROA)
profitability
Value: 1.39%
Peer Avg: 0.76%
#3 of 21 Top 9.5% in 10B+ tier
3
Net Worth Ratio
risk
Value: 11.89%
Peer Avg: 10.22%
#3 of 21 Top 9.5% in 10B+ tier
3
Loan-to-Share Ratio
balance_sheet
Value: 101.69%
Peer Avg: 89.80%
#3 of 21 Top 9.5% in 10B+ tier
5
Loan Growth Rate
growth
Value: 9.24%
Peer Avg: 6.37%
#5 of 21 Top 19.0% in 10B+ tier
6
Share Certificate Concentration (%)
balance_sheet
Value: 26.94%
Peer Avg: 31.91%
#6 of 21 Top 23.8% in 10B+ tier

Top Weaknesses (4 metrics)

21
Members Per Employee (MPE)
engagement
Value: 289.036
Peer Avg: 499.855
#21 of 21 Bottom 4.8% in 10B+ tier
19
First Mortgage Concentration (%)
balance_sheet
Value: 62.76%
Peer Avg: 41.28%
#19 of 21 Bottom 14.3% in 10B+ tier
18
Total Members
engagement
Value: 517,086
Peer Avg: 1,822,417
#18 of 21 Bottom 19.0% in 10B+ tier
17
Net Interest Margin (NIM)
profitability
Value: 2.69%
Peer Avg: 3.11%
#17 of 21 Bottom 23.8% in 10B+ tier