Washington Education Association Federal Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (3.0 on a scale of 0 to 10). A current level of 4.3 percent of nonperforming loans to core capital combined with 4.3 percent from a year earlier contributes to the Good asset quality (6.1).
Other Rating Factors:
Good liquidity 5.1, driven by a liquidity ratio of 11.3 percent and a “hot money” ratio of 0.0 percent. Operating profits as a percentage of assets at 1.9%, coupled with a return on assets of 0.6 has resulted in Good (6.2) profitability.
Asset Mix:
Consumer loans (55%), other (45%)
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
308 11th Avenue
Franklinton, LA 70438
Franklinton, LA 70438
Phone Number
(985) 795-1108
NCUA Charter Number
Largest Competitors
Bossier City, LA
Baton Rouge, LA
Baton Rouge, LA
Metairie, LA
Baton Rouge, LA