C
East Orange Firemens Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: A current level of 19.2 percent of nonperforming loans to core capital combined with 12.1 percent from a year earlier contributes to the Fair asset quality (4.0). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10).
Other Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 25.9 and a net worth ratio of 25.9. Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.7 has resulted in Excellent (9.1) profitability.
Asset Mix: Consumer loans (71%), other (29%)
Asset Quality
Non-Performing Loans to Capital
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Loan Loss Reserves to Loans
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Hot Money
Corporate Info
Address
27 West Street
Bloomfield, NJ 07003
Phone Number
(973) 677-0969
NCUA Charter Number