Smartchoice Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.3 on a scale of 0 to 10). A current level of 33.8 percent of nonperforming loans to core capital combined with 28.9 percent from a year earlier contributes to the Weak asset quality (2.7).
Other Rating Factors:
Weak liquidity 1.1, driven by a liquidity ratio of 14.0 percent and a “hot money” ratio of 0.0 percent. Operating profits as a percentage of assets at 2.3%, coupled with a return on assets of 2.3 has resulted in Fair (3.2) profitability.
Asset Mix:
Consumer loans (86%), other (14%)
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
One Les Buzz Way Street A
Spring Valley, IL 61362
Spring Valley, IL 61362
Phone Number
(815) 481-3537
NCUA Charter Number
Website
Largest Competitors
Chicago, IL
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