C
Amplify Credit Union
AustinTX
Rating Date
May 2024
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 1.3 has resulted in Good (6.0) profitability.
Other Rating Factors: A current level of 9.0 percent of nonperforming loans to core capital combined with 13.4 percent from a year earlier contributes to the Excellent asset quality (7.1). Good current capitalization (6.6 on a scale of 0 to 10) based on a net capital to total assets of 9.1 and a net worth ratio of 9.9.
Asset Mix: Home mtgs (50%), consumer loans (4%), other (46%)
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Address
3600 West Parmer Lane
Austin, TX 78727
Phone Number
(512) 836-5901
NCUA Charter Number