The Atlantic Federal Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.4 and a net worth ratio of 13.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.5 on a scale of 0 to 10).
Other Rating Factors:
A current level of 19.3 percent of nonperforming loans to core capital contributes to the Fair asset quality (4.3). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.0 has resulted in Fair (3.5) profitability.
Asset Mix:
Consumer loans (30%), home mtgs (19%), comm loans (16%), other (35%)
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
2 Edison Place
Springfield, NJ 07081
Springfield, NJ 07081
Phone Number
(908) 245-1750
NCUA Charter Number
Website
Largest Competitors
Basking Ridge, NJ
Rahway, NJ
Branchburg, NJ
Nutley, NJ
Springfield, NJ