B
Nickel Steel Federal Credit Union
LimaOH
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 23.6 and a net worth ratio of 23.6. A current level of 1.4 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (9.5).
Other Rating Factors: Operating profits as a percentage of assets at 2.1%, coupled with a return on assets of 2.0 has resulted in Excellent (8.8) profitability. Good liquidity 6.5, driven by a liquidity ratio of 72.3 percent and a “hot money” ratio of 11.6 percent.
Asset Mix: Consumer loans (34%), securities (3%), home mtgs (2%), other (60%)
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Corporate Info
Address
1067 South Main Street
Lima, OH 45804
Phone Number
(419) 224-7861
NCUA Charter Number