B
Glamorgan Employees Federal Credit Union
Rating Date
May 2024
Net Capital
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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 30.1 and a net worth ratio of 30.1. Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 2.0 has resulted in Excellent (10.0) profitability.
Other Rating Factors: A current level of 6.4 percent of nonperforming loans to core capital combined with 0.8 percent from a year earlier contributes to the Good asset quality (6.5). Good liquidity 6.2, driven by a liquidity ratio of 69.7 percent and a “hot money” ratio of 0.0 percent.
Asset Mix: Consumer loans (46%), other (54%)
Asset Quality
Non-Performing Loans to Capital
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Loan Loss Reserves to Loans
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Corporate Info
Address
21 Seventh Street
Lynchburg, VA 24505
Phone Number
(434) 845-3801
NCUA Charter Number
Website