C
Granite Federal Credit Union
Rating Date
May 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Granite Federal Credit Union
Salt Lake City, UT
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Rating C
Asset Quality Index 9.50
Capitalization Index 6.20
Liquidity Index 1.70
Profitability Index 2.50
Stability Index 6.60
Company Info Granite Federal Credit Union
Salt Lake City, UT
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NCUA Charter Number 5612
Phone Number (801) 288-3000
Website www.granite.org
Asset Quality Granite Federal Credit Union
Salt Lake City, UT
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1-Year Asset Growth 9.27%
5-Year Asset Growth 12.06%
5-Year Charge-Offs to Average Loans 0.09%
Charge-Offs to Average Loans 0.38%
Non-Performing Assets to Assets 0.22%
Non-Performing Loans to Capital 2.36%
Non-Performing Loans to Loans 0.27%
Balance Sheet Granite Federal Credit Union
Salt Lake City, UT
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Total Assets 818.69M
Total Deposits 699.18M
Capital and Reserves Granite Federal Credit Union
Salt Lake City, UT
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Capital 70.53M
Leverage Ratio 10.43
Loan Loss Reserves to Loans 0.64%
Liquidity Granite Federal Credit Union
Salt Lake City, UT
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Hot Money Ratio 23.33%
Liquidity Ratio 5.77%
Profitability Granite Federal Credit Union
Salt Lake City, UT
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5-Year Return on Average Assets 1.11%
Net Income 463.00K
Net Interest Spread 2.08%
Operating Profit to Average Assets 0.54%
Overhead Efficiency Ratio 80.58%
Return on Assets 0.23%
Return on Equity 2.63%
Weiss Ratings