B
Fort Financial Credit Union
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (8.2 on a scale of 0 to 10) based on a net capital to total assets of 10.3 and a net worth ratio of 10.4. Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.6 has resulted in Good (6.8) profitability.
Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.0 on a scale of 0 to 10). A current level of 13.0 percent of nonperforming loans to core capital combined with 27.9 percent from a year earlier contributes to the Good asset quality (5.9).
Asset Mix: Consumer loans (34%), home mtgs (26%), other (41%)
Asset Quality
Non-Performing Loans to Capital
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Non-Performing Loans to Loans
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Hot Money
Corporate Info
Address
8815 Lima Road
Fort Wayne, IN 46818
Phone Number
(260) 432-1561
NCUA Charter Number