C
IBEW/SJ Cascade Federal Credit Union
SalemOR
Rating Date
May 2024
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (5.0 on a scale of 0 to 10). A current level of 6.8 percent of nonperforming loans to core capital combined with 9.5 percent from a year earlier contributes to the Good asset quality (5.9).
Other Rating Factors: Excellent current capitalization (9.8 on a scale of 0 to 10) based on a net capital to total assets of 11.4 and a net worth ratio of 11.6. Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.0 has resulted in Good (6.7) profitability.
Asset Mix: Consumer loans (37%), home mtgs (27%), other (37%)
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Corporate Info
Address
1825 12th Street, SE
Salem, OR 97302
Phone Number
(503) 581-6221
NCUA Charter Number