D
Kearny Municipal Employees Federal Credit Union
KearnyNJ
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 Good overall stability index (6.0 on a scale of 0 to 10).
Other Rating Factors: Fair liquidity 3.1, driven by a liquidity ratio of 21.7 percent and a “hot money” ratio of 0.0 percent. A current level of 3.8 percent of nonperforming loans to core capital combined with 3.3 percent from a year earlier contributes to the Excellent asset quality (9.0).
Asset Mix: Securities (85%), consumer loans (11%), other (3%)
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Corporate Info
Address
645 Kearny Avenue
Kearny, NJ 07032
Phone Number
(201) 997-8434
NCUA Charter Number
Website