IBEW Local Union 80 Federal Credit Union
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 2.4%, coupled with a return on assets of 2.4 has resulted in Fair (4.2) profitability.
Other Rating Factors:
Good current capitalization (6.8 on a scale of 0 to 10) based on a net capital to total assets of 9.3 and a net worth ratio of 9.3. Excellent liquidity 8.2, driven by a liquidity ratio of 85.9 percent and a “hot money” ratio of 0.0 percent.
Asset Mix:
Consumer loans (22%), other (78%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
828 Providence Road
Chesapeake, VA 23325
Chesapeake, VA 23325
Phone Number
(757) 480-1740
NCUA Charter Number
Largest Competitors
Vienna, VA
Tysons, VA
Newport News, VA
Chesapeake, VA
Chesapeake, VA