D
Velma Federal Credit Union
DuncanOK
Rating Date
May 2024
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.7 on a scale of 0 to 10). A current level of 9.7 percent of nonperforming loans to core capital combined with 9.7 percent from a year earlier contributes to the Good asset quality (5.2).
Other Rating Factors: Weak liquidity 1.6, driven by a liquidity ratio of 7.8 percent and a “hot money” ratio of 0.0 percent. Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Excellent (7.3) profitability.
Asset Mix: Consumer loans (73%), other (27%)
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Corporate Info
Address
297655 East Old Highway Seven Road
Duncan, OK 73533
Phone Number
(580) 444-3396
NCUA Charter Number
Website