Traverse Catholic Federal Credit Union
Major Rating Factors:
A current level of 2.4 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.5). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Excellent (7.4) profitability.
Other Rating Factors:
Good current capitalization (6.8 on a scale of 0 to 10) based on a net capital to total assets of 9.3 and a net worth ratio of 9.8. Fair liquidity 4.1, driven by a liquidity ratio of 29.5 percent and a “hot money” ratio of 3.6 percent.
Asset Mix:
Consumer loans (25%), home mtgs (17%), comm loans (4%), other (55%)
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
3797 Veterans Drive
Traverse City, MI 49684
Traverse City, MI 49684
Phone Number
(231) 946-6655
NCUA Charter Number
Website
Largest Competitors
Caledonia, MI
East Lansing, MI
Traverse City, MI
Traverse City, MI
Traverse City, MI