You are here: Home / App / Credit Unions / Michigan / FLINT-AREA-SCHOOL-EMPLOYEES

SOVITA

Headquarters ,
Main Phone (810) 720-8300
Credit Union Number # 60666
Total Assets $507,094,464
Reporting Date Q3 2023
Last updated Sep 2023

Locations

SOVITA REO and Foreclosed Assets

Foreclosed and Repossessed Assets Amount
Consumer Real Estate $0
Consumer Vehicles $0
Consumer Other $0
Commercial $0
Total Foreclosed and Repossessed Assets $0

SOVITA Capital

Well Capitalized Amount
Total Assets $507,094,464
Less: Allowance for Loan & Lease Losses $0
Allowance for Losses on All Real Estate Loans $0
Provision for Loan & Lease Losses $0
Total Loans and Leases $127,723,560

SOVITA's Late and Non-Performing Loan Portfolios

Troubled Loans Overview Number Amount
Loans Held for Sale - $0
Real Estate Loans Sold with Servicing Retained - $0
Total Outstanding Troubled Debt Restructured Loans 7 $276,197

Unsecured Credit Cards

30-59 days late
$28,632
60-89 days late
$9,947
90-179 days late
$14,821
180-360 days late
$2,649
360+ days late
$0
TOTAL
$56,049

Vehicles

New Vehicles

30-59 days late
$27,953
60-89 days late
$0
90-179 days late
$0
180-360 days late
$0
360+ days late
$0
TOTAL
$27,953

Old Vehicles

30-59 days late
$111,545
60-89 days late
$54,764
90-179 days late
$46,817
180-360 days late
$4,965
360+ days late
$0
TOTAL
$218,091

1st Lien (Previously 1st Mortgage)

1st Lien (Previously 1st Mortgage)

30-59 days late
$0
60-89 days late
$36,883
90-179 days late
$19,945
180-360 days late
$85,298
360+ days late
$0
TOTAL
$142,126

1st Lien Loans || Rate Types and Terms

Fixed Rate > 15 years
$14,713,569
Fixed Rate <= 15 years
$5,114,084
Balloon / Hybrid > 5 years
$0
Balloon / Hybrid <= 5 years
$0
Adjustable Rate <= 15 years
$0
TOTAL
$19,827,653

All Other Loans

All Other Unsecured Loans

30-59 days late
$35,169
60-89 days late
$3,235
90-179 days late
$7,005
180-360 days late
$3,496
360+ days late
$0
TOTAL
$48,905

SOVITA Portfolio Info

Subscribers have access to the portfolio info for SOVITA and any other Credit Unions in Michigan.

Our members use BankProspector to find and qualify credit unions and credit union contacts with distressed assets. BankProspector is the fastest easiest way to source your own credit union direct deals. Find the Asset Managers at SOVITA as Well as Other Credit Union Contacts Subscribers use BankProspector to find contacts including executives and officers in departments like special assets or workout departments.

SOVITA NCUA Call Report

All of the portfolio and financial information in our reports is pulled directly from NCUA. We take updates from the federal reporting database for all US credit unions.

SOVITA Foreclosures and Non-Performing Loans

This is subscriber only content

What can we help you find?

Here’s an example of our data

We track and report all the foreclosure, REO (bank owned property) non-performing note, and decision maker information for every bank and credit union in the United States and U.S. Territories.

Since 2009 we've been tracking REO, non-performing loans, and contact information for every other bank and credit union in the US. Join our free private list and we'll show you how you can start doing more bank direct deals.