D
Encurage Financial Network Credit Union
ChicagoIL
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 Very Weak overall stability index (0.3 on a scale of 0 to 10). Very Weak current capitalization (0.8 on a scale of 0 to 10) based on a net capital to total assets of 4.2 and a net worth ratio of 6.9.
Other Rating Factors: Very Weak liquidity 0.6, driven by a liquidity ratio of 3.0 percent and a “hot money” ratio of 42.7 percent.
Asset Mix: Home mtgs (56%), consumer loans (21%), other (22%)
Asset Quality
Non-Performing Loans to Capital
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Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
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Corporate Info
Address
8430 W Bryn Mawr Ave
Chicago, IL 60631
Phone Number
(847) 676-8000
NCUA Charter Number