Elevate Federal Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 20.5 and a net worth ratio of 20.6.
Other Rating Factors:
A current level of 0.4 percent of nonperforming loans to core capital contributes to the Excellent asset quality (10.0). Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 1.7 has resulted in Excellent (10.0) profitability.
Asset Mix:
Consumer loans (27%), securities (24%), comm loans (21%), home mtgs (6%), other (22%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
1023 Medical Drive
Brigham City, UT 84302
Brigham City, UT 84302
Phone Number
(435) 723-3437
NCUA Charter Number
Website
Largest Competitors
Ogden, UT
Sandy, UT
Washington Terrace, UT
Provo, UT
Brigham City, UT