Redstone Federal Credit Union
Major Rating Factors:
Operating profits as a percentage of assets at 1.7%, coupled with a return on assets of 1.5 has resulted in Excellent (9.0) profitability. A current level of 4.6 percent of nonperforming loans to core capital combined with 3.6 percent from a year earlier contributes to the Excellent asset quality (8.3).
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 (7.1 on a scale of 0 to 10). Good current capitalization (5.8 on a scale of 0 to 10) based on a net capital to total assets of 8.2 and a net worth ratio of 12.5.
Asset Mix:
Consumer loans (23%), home mtgs (14%), other (63%)
Largest Competitors
Birmingham, AL
Daleville, AL
Birmingham, AL
Huntsville, AL
Huntsville, AL