D
South Bend Transit Federal Credit Union
Rating Date
July 2025
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Major Rating Factors: Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.1 has resulted in Fair (3.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.6 on a scale of 0 to 10).
Other Rating Factors: Fair liquidity 4.3, driven by a liquidity ratio of 31.9 percent and a “hot money” ratio of 25.3 percent. A current level of 2.1 percent of nonperforming loans to core capital combined with 8.3 percent from a year earlier contributes to the Good asset quality (6.9).
Asset Mix: Consumer loans (57%), other (43%)
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Corporate Info
Address
1401 South Lafayette Boulevard
South Bend, IN 46613
Phone Number
(574) 232-2192
NCUA Charter Number