Provident Credit Union
Major Rating Factors:
A current level of 0.9 percent of nonperforming loans to core capital combined with 0.3 percent from a year earlier contributes to the Excellent asset quality (10.0). 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 10.2.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.2 on a scale of 0 to 10). Weak liquidity 2.6, driven by a liquidity ratio of 20.9 percent and a “hot money” ratio of 24.3 percent.
Asset Mix:
Home mtgs (49%), consumer loans (11%), other (41%)
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
303 Twin Dolphin Drive
Redwood City, CA 94065
Redwood City, CA 94065
Phone Number
(650) 508-0300
NCUA Charter Number
Website
Largest Competitors
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