credit union · NCUA 62340 · MI
How big is PREFERRED?
PREFERRED (MI, NCUA charter 62340) reported total assets of $318.1M, 23,275 members and a net worth ratio of 14.25% in its Call Report for 2026Q2. That ranks 1020 of 4,299 federally insured credit unions by assets, 261 of 1,061 among credit unions with $100m-$500m in assets, 64 of 169 credit unions in michigan.
What stands out
PREFERRED (MI, NCUA charter 62340) reported total assets of $318.1M, 23,275 members and a net worth ratio of 14.25% in its Call Report for 2026Q2. That ranks 1020 of 4,299 federally insured credit unions by assets, 261 of 1,061 among credit unions with $100m-$500m in assets, 64 of 169 credit unions in michigan. Against its size class: net worth ratio 14.25%, above the peer median of 11.65%; loan-to-share ratio 58.25%, below the peer median of 73.15%; return on assets 1.11%, above the peer median of 0.74%. At 14.25% its net worth ratio is above the 7% NCUA threshold, which puts it in the "well capitalised" band of prompt corrective action; the regulator applies further tests, this page does not.
Key figures, 2026Q2
As filed with the NCUA; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same quarter.
| Measure | 2026Q2 | Median, size class | Median, state | Median, all | Evidence |
|---|---|---|---|---|---|
| Total assets | $318.1M | $198.1M | $186.5M | $68.3M | record → |
| Shares and deposits | $270.6M | $172.3M | $160.8M | $58.3M | record → |
| Loans outstanding | $157.6M | $125.2M | $115.9M | $34.4M | record → |
| Net income (year to date) | $1.8M | $766.3k | $792.8k | $222.2k | record → |
| Net worth | $45.3M | $24.5M | $22.8M | $9.0M | record → |
| Net worth ratio | 14.25% | 11.65% | 12.03% | 12.65% | record → |
| Loan-to-share ratio | 58.25% | 73.15% | 68.71% | 68.70% | computed |
| Return on assets | 1.11% | 0.74% | 0.92% | 0.71% | computed |
| Members | 23,275 | 13,230 | 13,435 | 4,818 | record → |
Quarter by quarter
45 Call Reports on record, 2015Q2–2026Q2; the 40 most recent shown.
| Quarter | Total assets | Shares | Loans | Net income YTD | Net worth ratio | Members | Rank |
|---|---|---|---|---|---|---|---|
| 2026Q2 | $318.1M | $270.6M | $157.6M | $1.8M | 14.25% | 23,275 | 1020 |
| 2026Q1 | $317.9M | $271.6M | $156.7M | $907.7k | 14.00% | 23,429 | 1018 |
| 2025Q4 | $308.0M | $262.3M | $158.5M | $3.4M | 14.15% | 23,514 | 1024 |
| 2025Q3 | $304.9M | $260.6M | $161.7M | $2.6M | 14.03% | 23,620 | 1028 |
| 2025Q2 | $308.7M | $265.9M | $159.3M | $1.7M | 13.57% | 23,733 | 1023 |
| 2025Q1 | $304.9M | $263.6M | $150.9M | $854.8k | 13.46% | 23,839 | 1031 |
| 2024Q4 | $289.6M | $249.7M | $151.5M | $2.8M | 13.87% | 23,870 | 1043 |
| 2024Q3 | $286.6M | $245.8M | $150.2M | $2.2M | 13.80% | 24,113 | 1049 |
| 2024Q2 | $284.8M | $247.1M | $150.2M | $1.4M | 13.60% | 24,312 | 1052 |
| 2024Q1 | $279.5M | $243.3M | $151.6M | $562.5k | 13.58% | 24,350 | 1062 |
| 2023Q4 | $268.8M | $232.7M | $149.0M | $2.8M | 13.91% | 24,411 | 1075 |
| 2023Q3 | $267.6M | $235.1M | $145.6M | $2.2M | 13.76% | 24,373 | 1070 |
| 2023Q2 | $265.0M | $233.1M | $144.2M | $1.7M | 13.70% | 24,305 | 1075 |
| 2023Q1 | $266.5M | $234.5M | $142.4M | $831.2k | 13.29% | 24,344 | 1082 |
| 2022Q4 | $259.9M | $229.9M | $144.5M | $2.8M | 13.31% | 24,409 | 1083 |
| 2022Q3 | $263.1M | $234.2M | $143.0M | $2.0M | 12.85% | 24,444 | 1075 |
| 2022Q2 | $262.0M | $232.5M | $141.8M | $1.3M | 12.62% | 24,460 | 1081 |
| 2022Q1 | $263.3M | $231.4M | $127.7M | $640.3k | 12.32% | 24,413 | 1081 |
| 2021Q4 | $256.9M | $221.5M | $127.6M | $2.3M | 12.38% | 24,437 | 1083 |
| 2021Q3 | $249.8M | $214.7M | $126.8M | $1.8M | 12.55% | 24,535 | 1086 |
| 2021Q2 | $247.0M | $212.0M | $121.1M | $1.1M | 12.41% | 24,459 | 1082 |
| 2021Q1 | $244.6M | $210.3M | $115.2M | $646.3k | 12.34% | 24,400 | 1085 |
| 2020Q4 | $221.8M | $187.5M | $113.2M | $1.2M | 13.31% | 24,357 | 1113 |
| 2020Q3 | $212.3M | $178.2M | $112.8M | $699.2k | 13.67% | 24,488 | 1120 |
| 2020Q2 | $209.7M | $176.4M | $113.6M | $262.8k | 13.63% | 24,479 | 1117 |
| 2020Q1 | $188.7M | $155.9M | $116.3M | $563.0k | 15.31% | 24,531 | 1139 |
| 2019Q4 | $179.4M | $147.4M | $118.8M | $2.3M | 15.78% | 24,444 | 1153 |
| 2019Q3 | $178.5M | $146.7M | $119.6M | $1.7M | 15.56% | 24,354 | 1146 |
| 2019Q2 | $179.5M | $148.1M | $118.3M | $1.0M | 15.08% | 24,172 | 1141 |
| 2019Q1 | $178.4M | $147.6M | $111.6M | $523.7k | 14.90% | 24,277 | 1146 |
| 2018Q4 | $169.2M | $140.7M | $114.2M | $2.0M | 15.39% | 24,449 | 1174 |
| 2018Q3 | $171.7M | $142.8M | $114.4M | $1.5M | 14.87% | 24,539 | 1157 |
| 2018Q2 | $172.7M | $144.5M | $113.5M | $810.5k | 14.38% | 24,525 | 1159 |
| 2018Q1 | $174.7M | $146.8M | $110.6M | $398.1k | 13.97% | 24,396 | 1149 |
| 2017Q4 | $167.4M | $139.6M | $108.8M | $1.3M | 14.35% | 24,359 | 1162 |
| 2017Q3 | $169.9M | $142.1M | $108.1M | $814.7k | 13.83% | 24,573 | 1151 |
| 2017Q2 | $170.4M | $143.8M | $101.4M | $398.3k | 13.55% | 24,521 | 1148 |
| 2017Q1 | $169.9M | $144.5M | $99.1M | $268.7k | 13.51% | 24,381 | 1153 |
| 2016Q4 | $162.3M | $137.1M | $99.7M | $1.9M | 13.97% | 24,470 | 1163 |
| 2016Q3 | $162.2M | $136.7M | $97.3M | $1.6M | 13.79% | 24,552 | 1158 |
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