| Weiss Ratings |
Ely Area Credit Union
Ely, MN |
Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Asset Quality Index | 10.00 | |||
| Capitalization Index | 10.00 | |||
| Liquidity Index | 5.60 | |||
| Profitability Index | 9.80 | |||
| Stability Index | 8.00 | |||
| Company Info |
Ely Area Credit Union
Ely, MN |
Click to Compare |
Click to Compare |
Click to Compare |
| NCUA Charter Number | 4963 | |||
| Phone Number | (218) 365-3131 | |||
| Website | www.elyareacu.org | |||
| Asset Quality |
Ely Area Credit Union
Ely, MN |
Click to Compare |
Click to Compare |
Click to Compare |
| 1-Year Asset Growth | 4.76% | |||
| 5-Year Asset Growth | 9.11% | |||
| 5-Year Charge-Offs to Average Loans | 0.08% | |||
| Charge-Offs to Average Loans | 0.05% | |||
| Non-Performing Assets to Assets | 0.29% | |||
| Non-Performing Loans to Capital | 0.94% | |||
| Non-Performing Loans to Loans | 0.40% | |||
| Balance Sheet |
Ely Area Credit Union
Ely, MN |
Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 69.63M | |||
| Total Deposits | 58.82M | |||
| Capital and Reserves |
Ely Area Credit Union
Ely, MN |
Click to Compare |
Click to Compare |
Click to Compare |
| Capital | 10.77M | |||
| Leverage Ratio | 15.47 | |||
| Loan Loss Reserves to Loans | 0.65% | |||
| Liquidity |
Ely Area Credit Union
Ely, MN |
Click to Compare |
Click to Compare |
Click to Compare |
| Hot Money Ratio | 0.00% | |||
| Liquidity Ratio | 36.60% | |||
| Profitability |
Ely Area Credit Union
Ely, MN |
Click to Compare |
Click to Compare |
Click to Compare |
| 5-Year Return on Average Assets | 1.22% | |||
| Net Income | 826.00K | |||
| Net Interest Spread | 4.64% | |||
| Operating Profit to Average Assets | 2.40% | |||
| Overhead Efficiency Ratio | 49.12% | |||
| Return on Assets | 2.40% | |||
| Return on Equity | 15.97% | |||