C
Town of Hempstead Employees Federal Credit Union
Rating Date
May 2024
Net Capital
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Major Rating Factors: Fair current capitalization (4.6 on a scale of 0 to 10) based on a net capital to total assets of 6.9 and a net worth ratio of 6.9. A current level of 27.5 percent of nonperforming loans to core capital combined with 33.3 percent from a year earlier contributes to the Fair asset quality (3.7).
Other Rating Factors: Fair liquidity 3.8, driven by a liquidity ratio of 11.8 percent and a “hot money” ratio of 6.3 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.1 on a scale of 0 to 10).
Asset Mix: Securities (41%), home mtgs (15%), consumer loans (9%), 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
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Liquidity
Liquidity Ratio
Hot Money
Corporate Info
Address
1830 Grand Avenue
North Baldwin, NY 11510
Phone Number
(516) 867-4730
NCUA Charter Number