WestEdge 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 14.7 and a net worth ratio of 15.1. A current level of 6.9 percent of nonperforming loans to core capital combined with 3.0 percent from a year earlier contributes to the Excellent asset quality (7.8).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10). Good liquidity 5.1, driven by a liquidity ratio of 31.4 percent and a “hot money” ratio of 2.9 percent.
Asset Mix:
Consumer loans (27%), home mtgs (15%), securities (13%), other (46%)
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
2501 James Street
Bellingham, WA 98225
Bellingham, WA 98225
Phone Number
(360) 734-5790
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
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Bellingham, WA
Bellingham, WA
Bellingham, WA