Frederiksted Federal Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.1 and a net worth ratio of 0.0. Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 2.0 has resulted in Excellent (10.0) profitability.
Other Rating Factors:
A current level of 5.9 percent of nonperforming loans to core capital combined with 5.9 percent from a year earlier contributes to the Excellent asset quality (7.8). Excellent liquidity 7.2, driven by a liquidity ratio of 54.8 percent and a “hot money” ratio of 2.3 percent.
Asset Mix:
Consumer loans (30%), securities (1%), home mtgs (0%), other (69%)
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
59 Queen Street
Frederiksted, VI 00841
Frederiksted, VI 00841
Phone Number
(340) 772-0435
NCUA Charter Number
Website
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