C
Cattaraugus County Employees Federal Credit Union
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 Fair overall stability index (3.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.8 has resulted in Good (5.8) profitability.
Other Rating Factors: Excellent current capitalization (7.4 on a scale of 0 to 10) based on a net capital to total assets of 9.7 and a net worth ratio of 10.1. A current level of 7.6 percent of nonperforming loans to core capital combined with 2.2 percent from a year earlier contributes to the Good asset quality (6.7).
Asset Mix: Consumer loans (37%), securities (27%), home mtgs (5%), other (31%)
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Corporate Info
Address
100 Fair Oak Street
Little Valley, NY 14755
Phone Number
(716) 938-6071
NCUA Charter Number