A
Ely Area Credit Union
ElyMN
Rating Date
May 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Ely Area Credit Union
Ely, MN
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Rating A
Asset Quality Index 10.00
Capitalization Index 10.00
Liquidity Index 5.40
Profitability Index 8.50
Stability Index 7.80
Company Info Ely Area Credit Union
Ely, MN
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NCUA Charter Number 4963
Phone Number (218) 365-3131
Website www.elyareacu.org
Asset Quality Ely Area Credit Union
Ely, MN
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1-Year Asset Growth -2.49%
5-Year Asset Growth 8.64%
5-Year Charge-Offs to Average Loans 0.09%
Charge-Offs to Average Loans 0.07%
Non-Performing Assets to Assets 0.09%
Non-Performing Loans to Capital 0.69%
Non-Performing Loans to Loans 0.25%
Balance Sheet Ely Area Credit Union
Ely, MN
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Total Assets 66.45M
Total Deposits 57.43M
Capital and Reserves Ely Area Credit Union
Ely, MN
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Capital 8.95M
Leverage Ratio 13.46
Loan Loss Reserves to Loans 0.59%
Liquidity Ely Area Credit Union
Ely, MN
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Hot Money Ratio 0.00%
Liquidity Ratio 42.87%
Profitability Ely Area Credit Union
Ely, MN
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5-Year Return on Average Assets 1.05%
Net Income 283.00K
Net Interest Spread 3.61%
Operating Profit to Average Assets 1.72%
Overhead Efficiency Ratio 53.31%
Return on Assets 1.72%
Return on Equity 12.86%