Sovita
Sovita is a credit union based in Flint, Michigan, established in 1934, with $587 million in total assets serving 17,763 members. By Trust Grade it ranks 19th of 170 credit unions we track in Michigan. Its net worth ratio of 15.9% is stronger than 90% of similarly sized credit unions, versus a Michigan median of 11.7%. It was profitable over the most recent period, with a 1.11% return on assets. No consumer complaints against Sovita appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Sovita compares to Michigan peers
How we graded Sovita
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (15.9% capital ratio)
- Strongly profitable (ROA 1.11%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Sovita over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Sovita insured?
Yes. Sovita is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Sovita: frequently asked questions
Is Sovita a good credit union?
Sovita earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (15.9% capital ratio); Strongly profitable (ROA 1.11%).
Is Sovita NCUA-insured?
Yes. Sovita is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Sovita?
Sovita holds $587 million in total assets, ranking 19th of 170 credit unions we track in Michigan. It serves 17,763 members.
Does Sovita have CFPB complaints?
No CFPB complaints against Sovita appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
