First Choice Financial Federal Credit Union
Major Rating Factors:
Excellent current capitalization (9.7 on a scale of 0 to 10) based on a net capital to total assets of 11.4 and a net worth ratio of 13.1. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.7 on a scale of 0 to 10).
Other Rating Factors:
A current level of 7.2 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.5). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.1 has resulted in Excellent (7.3) profitability.
Asset Mix:
Home mtgs (32%), consumer loans (13%), other (55%)
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
355 Hales Mills Road Extension
Gloversville, NY 12078
Gloversville, NY 12078
Phone Number
(518) 725-3191
NCUA Charter Number
Website
Largest Competitors
Bethpage, NY
Rochester, NY
Long Island City, NY
Hauppauge, NY
Gloversville, NY