Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.2 has resulted in Excellent (8.3) profitability.
Other Rating Factors:
Good liquidity 5.4, driven by a liquidity ratio of 13.6 percent and a “hot money” ratio of 0.0 percent. A current level of 1.5 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Excellent asset quality (9.5).
Asset Mix:
Consumer loans (29%), other (71%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
330 Passaic Street
Passaic, NJ 07055
Passaic, NJ 07055
Phone Number
(973) 365-3991
NCUA Charter Number
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