Smartchoice Credit Union
Major Rating Factors:
A current level of 23.0 percent of nonperforming loans to core capital combined with 23.0 percent from a year earlier contributes to the Weak asset quality (2.3). Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 2.0 has resulted in Good (6.4) profitability.
Other Rating Factors:
Weak liquidity 2.6, driven by a liquidity ratio of 28.7 percent and a “hot money” ratio of 0.0 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.9 on a scale of 0 to 10).
Asset Mix:
Consumer loans (77%), other (23%)
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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