Major Rating Factors:
A current level of 23.8 percent of nonperforming loans to core capital combined with 16.7 percent from a year earlier contributes to the Weak asset quality (2.4). Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.0 has resulted in Good (5.7) profitability.
Other Rating Factors:
Weak liquidity 2.0, driven by a liquidity ratio of 9.5 percent and a “hot money” ratio of 0.0 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Consumer loans (88%), other (12%)
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
Two Sherry Street
Norwalk, CT 06851
Norwalk, CT 06851
Phone Number
(203) 354-2670
NCUA Charter Number
Largest Competitors
East Hartford, CT
Hartford, CT
Waterford, CT
Norwalk, CT
Norwalk, CT