Department of Commerce Federal Credit Union
Major Rating Factors:
Weak current capitalization (2.1 on a scale of 0 to 10) based on a net capital to total assets of 4.9 and a net worth ratio of 6.7. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.0 on a scale of 0 to 10).
Other Rating Factors:
Very Weak liquidity 0.8, driven by a liquidity ratio of 7.5 percent and a “hot money” ratio of 25.7 percent. A current level of 21.9 percent of nonperforming loans to core capital combined with 8.2 percent from a year earlier contributes to the Fair asset quality (3.7).
Asset Mix:
Home mtgs (38%), consumer loans (24%), other (38%)
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
1401 Constitution Avenue, NW
Washington, DC 20230
Washington, DC 20230
Phone Number
(202) 808-3600
NCUA Charter Number
Website
Largest Competitors
Washington, DC
Washington, DC
Washington, DC
Washington, DC
Washington, DC