North Memorial Federal Credit Union
Major Rating Factors:
A current level of 0.8 percent of nonperforming loans to core capital combined with 2.2 percent from a year earlier contributes to the Excellent asset quality (9.5). Excellent current capitalization (7.3 on a scale of 0 to 10) based on a net capital to total assets of 9.7 and a net worth ratio of 9.7.
Other 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 (4.8 on a scale of 0 to 10). Fair liquidity 4.3, driven by a liquidity ratio of 28.9 percent and a “hot money” ratio of 7.5 percent.
Asset Mix:
Consumer loans (31%), home mtgs (14%), securities (5%), other (50%)
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
3300 Oakdale Avenue, North
Robbinsdale, MN 55422
Robbinsdale, MN 55422
Phone Number
(763) 367-7700
NCUA Charter Number
Website
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