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). Very Weak current capitalization (0.6 on a scale of 0 to 10) based on a net capital to total assets of 3.9 and a net worth ratio of 10.1.
Other Rating Factors:
Operating profits as a percentage of assets at 0.4%, coupled with a return on assets of 0.2 has resulted in Weak (1.0) profitability. Fair liquidity 4.5, driven by a liquidity ratio of 20.8 percent and a “hot money” ratio of 7.1 percent.
Asset Mix:
Home mtgs (26%), consumer loans (19%), other (55%)
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
Eight Cedar Street
Woburn, MA 01801
Woburn, MA 01801
Phone Number
(781) 933-2600
NCUA Charter Number
Website
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