B
Great Basin Federal Credit Union
RenoNV
Rating Date
May 2024
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Major Rating Factors: A current level of 3.6 percent of nonperforming loans to core capital combined with 3.0 percent from a year earlier contributes to the Excellent asset quality (8.9). Excellent current capitalization (7.8 on a scale of 0 to 10) based on a net capital to total assets of 10.0 and a net worth ratio of 10.3.
Other Rating Factors: Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.0 has resulted in Excellent (7.7) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (7.0 on a scale of 0 to 10).
Asset Mix: Consumer loans (41%), home mtgs (15%), securities (1%), other (43%)
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Corporate Info
Address
9770 South Virginia Street
Reno, NV 89511
Phone Number
(775) 333-4228
NCUA Charter Number