B
Matanuska Valley Federal Credit Union
PalmerAK
Rating Date
May 2024
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Major Rating Factors: A current level of 5.6 percent of nonperforming loans to core capital combined with 3.2 percent from a year earlier contributes to the Excellent asset quality (7.8). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.1 has resulted in Good (6.5) 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 (5.3 on a scale of 0 to 10). Fair current capitalization (4.6 on a scale of 0 to 10) based on a net capital to total assets of 6.9 and a net worth ratio of 9.5.
Asset Mix: Consumer loans (26%), home mtgs (15%), other (59%)
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Corporate Info
Address
1020 South Bailey Street
Palmer, AK 99645
Phone Number
(907) 745-4891
NCUA Charter Number
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