Marine Federal Credit Union
Major Rating Factors:
Operating profits as a percentage of assets at 2.4%, coupled with a return on assets of 0.8 has resulted in Excellent (7.5) profitability. Good current capitalization (6.6 on a scale of 0 to 10) based on a net capital to total assets of 9.1 and a net worth ratio of 10.6.
Other Rating Factors:
A current level of 11.4 percent of nonperforming loans to core capital contributes to the Good asset quality (6.1). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Asset Mix:
Consumer loans (37%), comm loans (15%), home mtgs (9%), securities (0%), other (39%)
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
4180 Western Boulevard
Jacksonville, NC 28546
Jacksonville, NC 28546
Phone Number
(910) 577-7333
NCUA Charter Number
Largest Competitors
Raleigh, NC
Raleigh, NC
Winston-Salem, NC
Raleigh, NC
Winston-Salem, NC