First Choice Financial Federal Credit Union
Major Rating Factors:
A current level of 2.9 percent of nonperforming loans to core capital combined with 4.2 percent from a year earlier contributes to the Excellent asset quality (9.2). Good current capitalization (6.9 on a scale of 0 to 10) based on a net capital to total assets of 9.4 and a net worth ratio of 0.0.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.8 on a scale of 0 to 10). Fair liquidity 4.7, driven by a liquidity ratio of 31.9 percent and a “hot money” ratio of 8.5 percent.
Asset Mix:
Home mtgs (29%), consumer loans (14%), other (57%)
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
Hauppauge, NY
Long Island City, NY
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Gloversville, NY