| Weiss Ratings |
Summit Federal Credit Union
Akron, OH |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 5.70 | |||
| Profitability Index | 7.50 | |||
| Stability Index | 8.00 | |||
| Company Info |
Summit Federal Credit Union
Akron, OH |
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| NCUA Charter Number | 1588 | |||
| Phone Number | (330) 376-3626 | |||
| Website | www.summitfcu.com | |||
| Asset Quality |
Summit Federal Credit Union
Akron, OH |
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| 1-Year Asset Growth | 7.17% | |||
| 5-Year Asset Growth | 3.81% | |||
| 5-Year Charge-Offs to Average Loans | 0.11% | |||
| Charge-Offs to Average Loans | 0.19% | |||
| Non-Performing Assets to Assets | 0.19% | |||
| Non-Performing Loans to Capital | 1.29% | |||
| Non-Performing Loans to Loans | 0.34% | |||
| Balance Sheet |
Summit Federal Credit Union
Akron, OH |
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| Total Assets | 58.78M | |||
| Total Deposits | 49.55M | |||
| Capital and Reserves |
Summit Federal Credit Union
Akron, OH |
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| Capital | 8.84M | |||
| Leverage Ratio | 15.03 | |||
| Loan Loss Reserves to Loans | 0.48% | |||
| Liquidity |
Summit Federal Credit Union
Akron, OH |
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| Hot Money Ratio | 6.02% | |||
| Liquidity Ratio | 44.76% | |||
| Profitability |
Summit Federal Credit Union
Akron, OH |
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| 5-Year Return on Average Assets | 0.79% | |||
| Net Income | 514.00K | |||
| Net Interest Spread | 4.83% | |||
| Operating Profit to Average Assets | 1.23% | |||
| Overhead Efficiency Ratio | 73.46% | |||
| Return on Assets | 1.18% | |||
| Return on Equity | 7.99% | |||