State credit union · Clinton Townshi, Michigan · NCUA charter #62049
Michigan Schools and Government
Health score 93/100 (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 93
- Health / 100
- $4.28B
- Total assets
- 161,135
- Members
- 11.9%
- Net-worth ratio
Michigan Schools and Government - Share Insurance Coverage
Below: composite supervisory bracket and risk-based capital for charter #62049, per the 2025Q4 NCUA Call Report. Our deposit-insurance coverage note explains how the $250,000 NCUSIF ceiling works.
Michigan Schools and Government - Five Health Pillars
This credit union's pillar breakdown: five 0-100 sub-scores below, which weight-and-sum to the headline health score above. Same underlying NCUA 5300 figures throughout, no normalisation tricks.
- Capital (net worth ratio)100
- Asset quality (delinquency)94
- Earnings (ROA)100
- Member growth100
- Liquidity (loan-to-share)60
Weighted composite: 93/100 - each bar is the 0–100 sub-score; the composite weights them 30/25/15/15/15.
At 11.95%, this credit union is above the 7.0% NCUA well-capitalized threshold under PCA rules.
Financial Health Metrics
| Metric | Value | Weight |
|---|---|---|
| Net Worth Ratio | 11.95% | 30% |
| Delinquency Rate | 0.64% | 25% |
| Return on Assets | 0.87% | 15% |
| Member Growth | 5.46% | 15% |
| Loan-to-Share Ratio | 103.91% | 15% |
Health score = weighted composite of above metrics. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: Over $500M (749 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2025Q4 | $4.28B | 161,135 |
| 2024Q4 | $3.90B | 152,794 |
| 2023Q4 | $3.63B | 149,277 |
Credit Union Details
- Charter Number
- 62049
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Michigan
- City
- Clinton Townshi
- Data Quarter
- 2025Q4
What This Data Says About Michigan Schools and Government
The five-factor composite scores Michigan Schools and Government at 93/100 (Excellent), reflecting a net worth ratio of 11.95% - above the 7.0% NCUA "well capitalized" threshold under Prompt Corrective Action rules. This state credit union, headquartered in Clinton Townshi, Michigan, reports 161,135 members, $4.28B in total assets, and $3.68B in outstanding loans as of Q4 2025 under charter #62049 (peer group Over $500M, a cohort of 749 similarly-sized institutions).
Two more numbers round out the picture: a 0.64% delinquency rate (loans 60+ days past due against the total book) - the peer group average for Over $500M credit unions sits at 0.874%, so this institution is running tighter than peers - and a 103.91% loan-to-share ratio, above the 80% band that can indicate tighter liquidity management. Return on assets stands at 0.87% on net income of $37.4M for the period; a not-for-profit cooperative typically runs a modest positive ROA, returning surplus to members through better rates and lower fees rather than to shareholders.
Year-over-year membership changed by 5.46%. The institution reports against the NCUA 5300 Call Report on a quarterly cadence; the figures above reflect the 2025Q4 reporting period. Membership eligibility depends on the stated field of membership (currently: Other). See our disclaimer for NCUSIF deposit-insurance coverage and how to use this data before opening any account or borrowing.
Nearby Credit Unions in Michigan
A look at other Michigan credit unions, ranked by how closely their peer group and asset size match this one.
Sources & disclaimer
Source: NCUA 5300 Call Report, Q4 2025. Source: NCUA Share Insurance Fund (NCUSIF), federal deposit insurance up to $250,000. Not affiliated with NCUA. For informational purposes only.
Frequently Asked Questions
Is Michigan Schools and Government financially healthy?
A 11.95% net worth ratio and a 0.64% delinquency rate feed into Michigan Schools and Government's financial health score of 93/100 (Excellent), from NCUA 5300 Call Report data as of Q4 2025. The scale: above 80 excellent, below 50 warrants closer monitoring.
How does Michigan Schools and Government compare to other credit unions?
93/100 is Michigan Schools and Government's score on PlainCU's health composite, compared to a peer group average for Over $500M credit unions, built from five weighted NCUA metrics - net worth ratio at 30%, delinquency rate at 25%, return on assets at 15%, member growth at 15%, and loan-to-share ratio at 15%.
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join Michigan Schools and Government?
Membership eligibility for Michigan Schools and Government depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact Michigan Schools and Government directly for current membership requirements and application steps.
Is my money safe at Michigan Schools and Government?
Federal credit unions like Michigan Schools and Government are insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. Michigan Schools and Government's net worth ratio of 11.95% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does Michigan Schools and Government offer compared to banks?
Credit unions like Michigan Schools and Government are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact Michigan Schools and Government directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.