A net worth ratio of 19.5% puts Settlers in rare company among its peers. This BRUCE Crossing, MI-based credit union manages $36M in assets and serves 4K members.
The numbers speak for themselves - with a net worth ratio of 19.5% and a return on assets of 2.12%, Settlers is delivering where it counts. Add in delinquency of just 0.41%, loan-to-share ratio of 65.5%, net interest margin of 4.92%, efficiency ratio of 62.4%, charge-off rate of just 0.05%, and you have a credit union performing well above its peer group.
Exceptionally well-capitalized with a net worth ratio of 19.