Elevator 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 20.0 and a net worth ratio of 20.2. A current level of 4.9 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (8.1).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.9 has resulted in Good (6.9) profitability. Good liquidity 6.6, driven by a liquidity ratio of 39.3 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (38%), other (62%)
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
8279 Frontage Road
Olive Branch, MS 38654
Olive Branch, MS 38654
Phone Number
(662) 895-2964
NCUA Charter Number
Largest Competitors
Biloxi, MS
Jackson, MS
Moss Point, MS
Moss Point, MS
Vicksburg, MS