B
Discovery Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: A current level of 1.2 percent of nonperforming loans to core capital combined with 2.3 percent from a year earlier contributes to the Excellent asset quality (10.0). Good current capitalization (6.8 on a scale of 0 to 10) based on a net capital to total assets of 9.3 and a net worth ratio of 10.5.
Other 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). Fair liquidity 3.8, driven by a liquidity ratio of 25.0 percent and a “hot money” ratio of 9.9 percent.
Asset Mix: Consumer loans (18%), home mtgs (16%), other (66%)
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
2744 Century Boulevard
Wyomissing, PA 19610
Phone Number
(610) 372-8010
NCUA Charter Number