Best Financial Credit Union
Muskegon, MI·Charter 62027·cu:62027·Credit union RBC / net worth
- #93 of 169Total assets in Michigan
- 12.9Kmembers
- Top 7%Share growth in the U.S.
- Top 10%Fee income vs. peers
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Best Financial Credit Union
6 of 24 FORFI signals stand out against 770 similar credit unions, based on NCUA data for the quarter.
Reliance on share certificates rising faster than peersWorth a look: Funding 2nd quarter24.0%peers 22.6%+1.4 pp
Best Financial Credit Union's certificates' share of shares rose 6.6 percentage points over the past year to 24.0%. Among 770 similar credit unions, the median rose 0.7 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Certificates' share of shares | ||
| 24.0% | 22.6% | +1.4 pp |
| 12-month change | ||
| +6.6 pp | +0.7 pp | +5.9 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Best Financial Credit Union itself is left out of every peer median and percentile. How signals work
Net worth ratio falling while the peer median risesWorth a look: Capital 2nd quarter14.75%peers 11.74%+3.0 pp
Best Financial Credit Union's net worth ratio fell 1.4 percentage points over the past year to 14.75%. Among 770 similar credit unions, the median rose 0.3 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Net worth ratio | ||
| 14.75% | 11.74% | +3.0 pp |
| 12-month change | ||
| -1.4 pp | +0.3 pp | -1.7 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Best Financial Credit Union itself is left out of every peer median and percentile. How signals work
Delinquent loans rising faster than peersWorth a look: Asset quality 2nd quarter1.93%peers 0.71%+122 bps
Best Financial Credit Union's loans 60+ days delinquent as a share of loans rose 114 bps over the past year to 1.93%. Among 770 similar credit unions, the median rose 3 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Loans 60+ days delinquent as a share of loans | ||
| 1.93% | 0.71% | +122 bps |
| 12-month change | ||
| +114 bps | +3 bps | +111 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Best Financial Credit Union itself is left out of every peer median and percentile. How signals work
Efficiency ratio falling while the peer median risesStrength: Efficiency82.7%peers 76.9%+5.7 pp
Best Financial Credit Union's efficiency ratio fell 11.3 percentage points over the past year to 82.7%. Among 770 similar credit unions, the median rose 0.4 percentage points.
| This institution | Peer median | Difference |
|---|---|---|
| Efficiency ratio | ||
| 82.7% | 76.9% | +5.7 pp |
| 12-month change | ||
| -11.3 pp | +0.4 pp | -11.6 pp |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Best Financial Credit Union itself is left out of every peer median and percentile. How signals work
2 more observations
- Net charge-offs rising while the peer median fallsAsset quality
- Shares and deposits growing faster than peersFunding
Key facts
- Best Financial Credit Union is a state-chartered credit union headquartered in Muskegon, Michigan. It reported $154 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $130 million, up 11.1% from a year earlier, and loans totaled $103 million, up 0.8%.
- Its net interest margin on average assets was 3.78% and its annualized return on assets was 0.08% for the quarter.
- Its cost of all shares and deposits was 1.65%, compared with a median of 1.30% among 770 similar credit unions with $100 million to $300 million in assets.
- It served 12,949 members, down 4.9% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Best Financial Credit Union's own data, FORFI would look at: Which depositors and relationships drive the change in funding, and what to offer them next.
Analysis workspaces
Sources and identifiers
- Institution
- Best Financial Credit Union · Credit union
- NCUA charter
- 62027
- Reporting period
- Peer group
- 770 credit unions with $100 million to $300 million in assets that filed NCUA data for the same quarter. Best Financial Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $29.85K | |
| $2M | |
| $541.81K | |
| $1.46M | |
| $751.49K | |
| $1.83M | |
| $353.22K | |
| $353.22K | |
| 0.08% | |
| 3.78% | |
| 82.68% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.