B
Cove Federal Credit Union
Rating Date
May 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Cove Federal Credit Union
Edgewood, KY
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Rating B
Asset Quality Index 10.00
Capitalization Index 10.00
Liquidity Index 3.50
Profitability Index 2.60
Stability Index 7.50
Company Info Cove Federal Credit Union
Edgewood, KY
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NCUA Charter Number 3446
Phone Number (859) 292-9000
Website www.covefcu.com
Asset Quality Cove Federal Credit Union
Edgewood, KY
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1-Year Asset Growth -1.31%
5-Year Asset Growth 4.65%
5-Year Charge-Offs to Average Loans 0.21%
Charge-Offs to Average Loans 0.05%
Non-Performing Assets to Assets 0.08%
Non-Performing Loans to Capital 0.53%
Non-Performing Loans to Loans 0.11%
Balance Sheet Cove Federal Credit Union
Edgewood, KY
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Total Assets 78.36M
Total Deposits 65.37M
Capital and Reserves Cove Federal Credit Union
Edgewood, KY
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Capital 11.35M
Leverage Ratio 15.18
Loan Loss Reserves to Loans 1.33%
Liquidity Cove Federal Credit Union
Edgewood, KY
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Hot Money Ratio 6.85%
Liquidity Ratio 22.76%
Profitability Cove Federal Credit Union
Edgewood, KY
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5-Year Return on Average Assets 0.67%
Net Income 95.00K
Net Interest Spread 3.66%
Operating Profit to Average Assets 0.80%
Overhead Efficiency Ratio 81.19%
Return on Assets 0.49%
Return on Equity 3.36%