D
Downey Federal Credit Union
DowneyCA
Rating Date
May 2024
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Major Rating Factors: Very Weak current capitalization (0.7 on a scale of 0 to 10) based on a net capital to total assets of 4.1 and a net worth ratio of 8.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.6 on a scale of 0 to 10).
Other Rating Factors: Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.5 has resulted in Fair (3.4) profitability. Fair liquidity 4.7, driven by a liquidity ratio of 26.4 percent and a “hot money” ratio of 7.8 percent.
Asset Mix: Consumer loans (20%), home mtgs (9%), securities (0%), other (71%)
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Corporate Info
Address
8237 Third Street
Downey, CA 90241
Phone Number
(562) 862-8141
NCUA Charter Number