B
Otero Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.9 and a net worth ratio of 14.2. A current level of 2.1 percent of nonperforming loans to core capital combined with 2.2 percent from a year earlier contributes to the Excellent asset quality (9.9).
Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Good (7.0) profitability.
Asset Mix: Consumer loans (38%), home mtgs (12%), securities (2%), other (47%)
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Corporate Info
Address
1200 East 10th Street
Alamogordo, NM 88310
Phone Number
(575) 434-8500
NCUA Charter Number
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