C
The Summit Federal Credit Union
Rating Date
March 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings The Summit Federal Credit Union
Rochester, NY
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Rating C
Asset Quality Index 8.30
Capitalization Index 8.40
Liquidity Index 1.40
Profitability Index 7.00
Stability Index 5.00
Company Info The Summit Federal Credit Union
Rochester, NY
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NCUA Charter Number 1197
Phone Number (585) 453-7000
Website www.summitfcu.org
Asset Quality The Summit Federal Credit Union
Rochester, NY
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1-Year Asset Growth -0.87%
5-Year Asset Growth 7.32%
5-Year Charge-Offs to Average Loans 0.16%
Charge-Offs to Average Loans 0.13%
Non-Performing Assets to Assets 0.24%
Non-Performing Loans to Capital 2.19%
Non-Performing Loans to Loans 0.27%
Balance Sheet The Summit Federal Credit Union
Rochester, NY
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Total Assets 1.28B
Total Deposits 1.13B
Capital and Reserves The Summit Federal Credit Union
Rochester, NY
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Capital 133.28M
Leverage Ratio 10.61
Loan Loss Reserves to Loans 0.52%
Liquidity The Summit Federal Credit Union
Rochester, NY
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Hot Money Ratio 18.16%
Liquidity Ratio 8.26%
Profitability The Summit Federal Credit Union
Rochester, NY
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5-Year Return on Average Assets 0.75%
Net Income 10.95M
Net Interest Spread 2.67%
Operating Profit to Average Assets 1.21%
Overhead Efficiency Ratio 73.41%
Return on Assets 0.84%
Return on Equity 8.99%
Weiss Ratings