B
Waterfront Federal Credit Union
SeattleWA
Rating Date
March 2026
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Major 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 13.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.0 on a scale of 0 to 10).
Other Rating Factors: A current level of 7.6 percent of nonperforming loans to core capital contributes to the Good asset quality (5.8). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.6 has resulted in Fair (4.8) profitability.
Asset Mix: Consumer loans (31%), home mtgs (7%), other (62%)
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Corporate Info
Address
6419 Fauntleroy Way SW
Seattle, WA 98136
Phone Number
(206) 622-8415
NCUA Charter Number
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