D
Local 20 IBEW Federal Credit Union
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 Weak overall stability index (1.7 on a scale of 0 to 10). A current level of 22.5 percent of nonperforming loans to core capital combined with 22.5 percent from a year earlier contributes to the Weak asset quality (2.1).
Other Rating Factors: Fair liquidity 4.9, driven by a liquidity ratio of 26.4 percent and a “hot money” ratio of 0.0 percent. Good current capitalization (5.1 on a scale of 0 to 10) based on a net capital to total assets of 7.5 and a net worth ratio of 0.0.
Asset Mix: Consumer loans (50%), 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
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Hot Money
Corporate Info
Address
688 West Tarrant Road
Grand Prairie, TX 75050
Phone Number
(214) 363-9223
NCUA Charter Number