C
Greater Metro Federal Credit Union
Rating Date
May 2024
Net Capital
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Major Rating Factors: A current level of 46.7 percent of nonperforming loans to core capital combined with 44.9 percent from a year earlier contributes to the Weak asset quality (1.7).
Other Rating Factors: Excellent current capitalization (8.1 on a scale of 0 to 10) based on a net capital to total assets of 10.2 and a net worth ratio of 10.2. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.0 on a scale of 0 to 10).
Asset Mix: Securities (40%), home mtgs (10%), consumer loans (9%), other (41%)
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
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5-Year ROAA (Return on Average Assets)
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Hot Money
Corporate Info
Address
31-10 37th Avenue
Long Island City, NY 11101
Phone Number
(718) 361-1002
NCUA Charter Number
Weiss Ratings