C
Commonwealth One Federal Credit Union
Rating Date
May 2024
Net Capital
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Leverage
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Assets
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Capital
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.7 on a scale of 0 to 10). Fair current capitalization (4.5 on a scale of 0 to 10) based on a net capital to total assets of 6.9 and a net worth ratio of 7.8.
Other Rating Factors: A current level of 11.3 percent of nonperforming loans to core capital combined with 6.2 percent from a year earlier contributes to the Good asset quality (6.7). Weak liquidity 1.9, driven by a liquidity ratio of 8.5 percent and a “hot money” ratio of 11.4 percent.
Asset Mix: Home mtgs (29%), consumer loans (29%), securities (11%), other (32%)
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
Liquidity
Liquidity Ratio
Hot Money
Corporate Info
Address
4875 Eisenhower Avenue
Alexandria, VA 22304
Phone Number
(703) 823-5211
NCUA Charter Number