SOVITA Credit Union Profile

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SOVITA

Charter #60666 | NCUA Region 1 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (810) 720-8300

Fax: (810) 720-8302

Founding Date: N/A

Website: http://www.sovitacu.org

Personnel & Operations

President: Gooch, Patricia

Manager: White, Patrick

FT Employees: 48

PT Employees: 27

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 5

Hours: Mon - Fri 9:30 am to 5:30 pm Sat 9:30 to 1

Credit Union Profile Summary

SOVITA is a FISCU Credit Union. With a total of 17,888 members [1], this institution manages approximately $556,766,266 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 15.95% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 3.07% [1].

Financial Snapshot

Total Assets [1]
$556,766,266

Total economic resources.

Total Loans [1]
$138,052,025

Total value of outstanding loans.

Total Deposits [1]
$474,413,382

Total funds deposited by members.

Members [1]
17,888

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.95%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.85%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
29.10%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 7.04%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 3.07%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -1.72%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

4411 Calkins Rd

Flint, MI, 48532
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 5 branches reported by SOVITA (Charter #60666).

Main Office

Calkins Rd Main Office

Type: Corporate Office

4411 Calkins Rd

Flint, MI 48532

Phone: (810) 720-8300

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Burton

Court St

Type: Branch Office

5399 E Court St N

Burton, MI 48509

Phone: (810) 720-8300

Services: Member Services, ATM, Drive-Thru

Open in Directions

Flint

University Ave

Type: Branch Office

1005 University Ave

Flint, MI 48504

Phone: (810) 720-8300

Services: Member Services

Open in Directions

Grand Blanc

Regency Park

Type: Branch Office

3400 Regency Park Dr

Grand Blanc, MI 48439

Phone: (810) 720-8300

Services: Member Services, ATM, Drive-Thru

Open in Directions

Lapeer

Lapeer

Type: Branch Office

168 N Saginaw St

Lapeer, MI 48446

Phone: (810) 664-5351

Services: Member Services

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