| Weiss Ratings |
Summit Federal Credit Union
Akron, OH |
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| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 5.40 | |||
| Profitability Index | 8.40 | |||
| Stability Index | 7.40 | |||
| 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 | -3.65% | |||
| 5-Year Asset Growth | 3.90% | |||
| 5-Year Charge-Offs to Average Loans | 0.10% | |||
| Charge-Offs to Average Loans | 0.26% | |||
| Non-Performing Assets to Assets | 0.19% | |||
| Non-Performing Loans to Capital | 1.38% | |||
| Non-Performing Loans to Loans | 0.28% | |||
| Balance Sheet |
Summit Federal Credit Union
Akron, OH |
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| Total Assets | 56.61M | |||
| Total Deposits | 48.55M | |||
| Capital and Reserves |
Summit Federal Credit Union
Akron, OH |
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| Capital | 7.72M | |||
| Leverage Ratio | 13.63 | |||
| Loan Loss Reserves to Loans | 0.59% | |||
| Liquidity |
Summit Federal Credit Union
Akron, OH |
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| Hot Money Ratio | 0.00% | |||
| Liquidity Ratio | 37.98% | |||
| Profitability |
Summit Federal Credit Union
Akron, OH |
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| 5-Year Return on Average Assets | 0.65% | |||
| Net Income | 202.00K | |||
| Net Interest Spread | 4.97% | |||
| Operating Profit to Average Assets | 1.63% | |||
| Overhead Efficiency Ratio | 67.10% | |||
| Return on Assets | 1.44% | |||
| Return on Equity | 10.61% | |||