B
CommunityWide Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.1 and a net worth ratio of 13.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.8 on a scale of 0 to 10).
Other Rating Factors: A current level of 13.4 percent of nonperforming loans to core capital combined with 10.5 percent from a year earlier contributes to the Fair asset quality (4.6).
Asset Mix: Consumer loans (71%), home mtgs (1%), other (28%)
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Corporate Info
Address
1555 West Western Avenue
South Bend, IN 46619
Phone Number
(574) 239-2700
NCUA Charter Number