B
Soo Co-op Credit Union
Rating Date
May 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
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Net
Income
Weiss Ratings Soo Co-op Credit Union
Sault Sainte Marie, MI
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Rating B
Asset Quality Index 9.30
Capitalization Index 8.40
Liquidity Index 3.70
Profitability Index 7.50
Stability Index 7.00
Company Info Soo Co-op Credit Union
Sault Sainte Marie, MI
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NCUA Charter Number 4707
Phone Number (906) 632-5300
Website www.soocoop.com/
Asset Quality Soo Co-op Credit Union
Sault Sainte Marie, MI
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1-Year Asset Growth 6.48%
5-Year Asset Growth 8.26%
5-Year Charge-Offs to Average Loans 0.14%
Charge-Offs to Average Loans 0.11%
Non-Performing Assets to Assets 0.35%
Non-Performing Loans to Capital 3.24%
Non-Performing Loans to Loans 0.55%
Balance Sheet Soo Co-op Credit Union
Sault Sainte Marie, MI
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Total Assets 271.39M
Total Deposits 241.10M
Capital and Reserves Soo Co-op Credit Union
Sault Sainte Marie, MI
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Capital 28.33M
Leverage Ratio 13.18
Loan Loss Reserves to Loans 0.38%
Liquidity Soo Co-op Credit Union
Sault Sainte Marie, MI
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Hot Money Ratio 7.42%
Liquidity Ratio 15.12%
Profitability Soo Co-op Credit Union
Sault Sainte Marie, MI
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5-Year Return on Average Assets 1.06%
Net Income 739.00K
Net Interest Spread 3.92%
Operating Profit to Average Assets 1.19%
Overhead Efficiency Ratio 75.56%
Return on Assets 1.11%
Return on Equity 10.55%