OCNAC No 1 Federal Credit Union
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 (4.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 2.8%, coupled with a return on assets of 1.0 has resulted in Good (6.4) profitability.
Other Rating Factors:
Excellent current capitalization (9.6 on a scale of 0 to 10) based on a net capital to total assets of 11.3 and a net worth ratio of 0.0. A current level of 4.1 percent of nonperforming loans to core capital combined with 9.9 percent from a year earlier contributes to the Excellent asset quality (7.6).
Asset Mix:
Securities (29%), consumer loans (25%), other (46%)
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
Corporate Info
Address
1082 Summit Avenue
Jersey City, NJ 07307
Jersey City, NJ 07307
Phone Number
(201) 420-1026
NCUA Charter Number
Website
Largest Competitors
Jersey City, NJ
Jersey City, NJ
Jersey City, NJ
Jersey City, NJ
Jersey City, NJ