Development
Everwise Credit Union
Major Rating Factors:
Fair current capitalization (5.0 on a scale of 0 to 10) based on a net capital to total assets of 7.3 and a net worth ratio of 8.8. Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.7 has resulted in Good (5.1) profitability.
Other Rating Factors:
A current level of 7.1 percent of nonperforming loans to core capital combined with 3.2 percent from a year earlier contributes to the Excellent asset quality (7.5). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Asset Mix:
Consumer loans (33%), home mtgs (23%), securities (1%), other (43%)
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
110 South Main Street
South Bend, IN 46601
South Bend, IN 46601
Phone Number
(574) 232-8012
NCUA Charter Number
Website
Largest Competitors
South Bend, IN
South Bend, IN
South Bend, IN
South Bend, IN
South Bend, IN