B
Select Seven Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 11.6 and a net worth ratio of 11.7. A current level of 0.3 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Excellent asset quality (8.6).
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 (5.7 on a scale of 0 to 10). Weak liquidity 2.7, driven by a liquidity ratio of 16.3 percent and a “hot money” ratio of 17.9 percent.
Asset Mix: Consumer loans (47%), home mtgs (23%), other (30%)
Asset Quality
Non-Performing Loans to Capital
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Non-Performing Loans to Loans
Loan Loss Reserves to Loans
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Hot Money
Corporate Info
Address
333 East Main Street
Johnson City, TN 37601
Phone Number
(423) 282-0671
NCUA Charter Number
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