B
Dort Financial Credit Union
Rating Date
May 2024
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Major Rating Factors: A current level of 4.4 percent of nonperforming loans to core capital combined with 3.7 percent from a year earlier contributes to the Excellent asset quality (8.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.0 on a scale of 0 to 10).
Other Rating Factors: Good current capitalization (6.6 on a scale of 0 to 10) based on a net capital to total assets of 9.0 and a net worth ratio of 9.8. Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.4 has resulted in Fair (3.6) profitability.
Asset Mix: Consumer loans (25%), home mtgs (15%), securities (4%), other (56%)
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Address
9048 Holly Road
Grand Blanc, MI 48439
Phone Number
(810) 767-8390
NCUA Charter Number
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