Solutions First 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 Very Weak overall stability index (0.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.3%, coupled with a return on assets of 0.1 has resulted in Weak (1.6) profitability.
Other Rating Factors:
Weak current capitalization (2.5 on a scale of 0 to 10) based on a net capital to total assets of 5.1 and a net worth ratio of 6.6. Fair liquidity 3.5, driven by a liquidity ratio of 15.7 percent and a “hot money” ratio of 20.6 percent.
Asset Mix:
Consumer loans (45%), home mtgs (5%), other (49%)
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
1108 Boll Weevil Circle
Enterprise, AL 36330
Enterprise, AL 36330
Phone Number
(334) 347-9000
NCUA Charter Number
Website
Largest Competitors
Huntsville, AL
Birmingham, AL
Daleville, AL
Birmingham, AL
Montgomery, AL