| Weiss Ratings |
Summit Federal Credit Union
Akron, OH |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 5.60 | |||
| Profitability Index | 7.50 | |||
| Stability Index | 7.90 | |||
| 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 | 3.47% | |||
| 5-Year Asset Growth | 3.81% | |||
| 5-Year Charge-Offs to Average Loans | 0.11% | |||
| Charge-Offs to Average Loans | 0.21% | |||
| Non-Performing Assets to Assets | 0.23% | |||
| Non-Performing Loans to Capital | 1.73% | |||
| Non-Performing Loans to Loans | 0.43% | |||
| Balance Sheet |
Summit Federal Credit Union
Akron, OH |
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| Total Assets | 58.57M | |||
| Total Deposits | 49.58M | |||
| Capital and Reserves |
Summit Federal Credit Union
Akron, OH |
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| Capital | 8.68M | |||
| Leverage Ratio | 14.82 | |||
| Loan Loss Reserves to Loans | 0.50% | |||
| Liquidity |
Summit Federal Credit Union
Akron, OH |
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| Hot Money Ratio | 5.31% | |||
| Liquidity Ratio | 42.75% | |||
| Profitability |
Summit Federal Credit Union
Akron, OH |
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| 5-Year Return on Average Assets | 0.79% | |||
| Net Income | 359.00K | |||
| Net Interest Spread | 4.76% | |||
| Operating Profit to Average Assets | 1.28% | |||
| Overhead Efficiency Ratio | 73.93% | |||
| Return on Assets | 1.25% | |||
| Return on Equity | 8.45% | |||