B
Priority One Credit Union
Rating Date
May 2024
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Major Rating Factors: A current level of 1.3 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Excellent asset quality (10.0). Excellent current capitalization (7.5 on a scale of 0 to 10) based on a net capital to total assets of 9.8 and a net worth ratio of 0.0.
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 (7.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.0 has resulted in Good (6.4) profitability.
Asset Mix: Consumer loans (23%), home mtgs (20%), other (57%)
Asset Quality
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Hot Money
Corporate Info
Address
1631 Huntington Drive
South Pasadena, CA 91030
Phone Number
(877) 762-8663
NCUA Charter Number