B
Homebase Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: A current level of 2.6 percent of nonperforming loans to core capital combined with 1.8 percent from a year earlier contributes to the Excellent asset quality (9.7). Good current capitalization (5.9 on a scale of 0 to 10) based on a net capital to total assets of 8.3 and a net worth ratio of 9.8.
Other Rating Factors: Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.6 has resulted in Fair (5.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.8 on a scale of 0 to 10).
Asset Mix: Consumer loans (38%), home mtgs (10%), other (52%)
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Address
4495 Crossings Boulevard
Prince George, VA 23875
Phone Number
(804) 452-0736
NCUA Charter Number