Traverse Catholic 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 Weak overall stability index (1.9 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.6 has resulted in Fair (3.3) profitability.
Other Rating Factors:
Fair liquidity 3.3, driven by a liquidity ratio of 12.1 percent and a “hot money” ratio of 2.9 percent. Fair current capitalization (3.8 on a scale of 0 to 10) based on a net capital to total assets of 6.0 and a net worth ratio of 8.6.
Asset Mix:
Consumer loans (29%), home mtgs (13%), other (58%)
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