B
Friona Texas Federal Credit Union
FrionaTX
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 18.3 and a net worth ratio of 18.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10).
Other Rating Factors: Good liquidity 6.4, driven by a liquidity ratio of 57.5 percent and a “hot money” ratio of 9.0 percent. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 0.6 has resulted in Good (5.3) profitability.
Asset Mix: Consumer loans (36%), home mtgs (5%), other (59%)
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Corporate Info
Address
801 Austin Avenue
Friona, TX 79035
Phone Number
(806) 250-2736
NCUA Charter Number