Newport News Shipbuilding Employees' Credit Union, Inc.
Major Rating Factors:
A current level of 7.0 percent of nonperforming loans to core capital combined with 7.3 percent from a year earlier contributes to the Excellent asset quality (7.4). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.1 has resulted in Good (6.6) profitability.
Other Rating Factors:
Good current capitalization (6.3 on a scale of 0 to 10) based on a net capital to total assets of 8.7 and a net worth ratio of 11.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Asset Mix:
Consumer loans (36%), home mtgs (19%), other (44%)
Largest Competitors
Vienna, VA
Tysons, VA
Newport News, VA
Newport News, VA
Newport News, VA