Wings Financial Credit Union
Major Rating Factors:
A current level of 3.9 percent of nonperforming loans to core capital contributes to the Excellent asset quality (8.7). Excellent current capitalization (8.0 on a scale of 0 to 10) based on a net capital to total assets of 10.1 and a net worth ratio of 0.0.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.7 has resulted in Fair (5.0) profitability.
Asset Mix:
Home mtgs (39%), consumer loans (10%), other (51%)
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
14985 Glazier Avenue
Apple Valley, MN 55124
Apple Valley, MN 55124
Phone Number
(952) 997-8000
NCUA Charter Number
Website
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