B
Secured Advantage Federal Credit Union
Rating Date
May 2024
Net Capital
Ratio
12.20
Leverage
Ratio
12.34
Return On
Assets
0.28%
Total
Assets
62.80M
Capital
7.66M
Total
Deposits
55.44M
Net
Income
44.00K
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Weiss Ratings Secured Advantage Federal Credit Union
Simpsonville, SC 		Click to
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Rating B
Asset Quality Index 8.20
Capitalization Index 10.00
Liquidity Index 5.20
Profitability Index 2.60
Stability Index 4.50
Company Info Secured Advantage Federal Credit Union
Simpsonville, SC 		Click to
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NCUA Charter Number 2505
Phone Number (864) 967-1402
Website www.securedadvantagefcu.com
Asset Quality Secured Advantage Federal Credit Union
Simpsonville, SC 		Click to
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1-Year Asset Growth -14.10%
5-Year Asset Growth -2.66%
5-Year Charge-Offs to Average Loans 0.66%
Charge-Offs to Average Loans 1.06%
Non-Performing Assets to Assets 0.50%
Non-Performing Loans to Capital 3.84%
Non-Performing Loans to Loans 0.82%
Balance Sheet Secured Advantage Federal Credit Union
Simpsonville, SC 		Click to
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Total Assets 62.80M
Total Deposits 55.44M
Capital and Reserves Secured Advantage Federal Credit Union
Simpsonville, SC 		Click to
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Capital 7.66M
Leverage Ratio 12.34
Loan Loss Reserves to Loans 1.23%
Liquidity Secured Advantage Federal Credit Union
Simpsonville, SC 		Click to
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Hot Money Ratio 2.52%
Liquidity Ratio 26.79%
Profitability Secured Advantage Federal Credit Union
Simpsonville, SC 		Click to
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5-Year Return on Average Assets -0.30%
Net Income 44.00K
Net Interest Spread 4.21%
Operating Profit to Average Assets 0.58%
Overhead Efficiency Ratio 88.78%
Return on Assets 0.28%
Return on Equity 2.30%