Secured Advantage Federal Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.3 and a net worth ratio of 12.4. A current level of 3.5 percent of nonperforming loans to core capital contributes to the Excellent asset quality (9.1).
Other Rating Factors:
Good liquidity 6.1, driven by a liquidity ratio of 32.0 percent and a “hot money” ratio of 4.4 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.9 on a scale of 0 to 10).
Asset Mix:
Consumer loans (29%), home mtgs (6%), other (65%)
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
116 NE Main Street
Simpsonville, SC 29681
Simpsonville, SC 29681
Phone Number
(800) 468-5153
NCUA Charter Number
Website
Largest Competitors
Lancaster, SC
North Charleston, SC
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Sumter, SC
Columbia, SC