Parda Federal Credit Union
Major Rating Factors:
A current level of 3.4 percent of nonperforming loans to core capital combined with 2.1 percent from a year earlier contributes to the Excellent asset quality (9.1). Excellent current capitalization (8.3 on a scale of 0 to 10) based on a net capital to total assets of 10.4 and a net worth ratio of 13.0.
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 (5.6 on a scale of 0 to 10). Fair liquidity 4.6, driven by a liquidity ratio of 13.1 percent and a “hot money” ratio of 2.2 percent.
Asset Mix:
Consumer loans (20%), home mtgs (16%), other (64%)
Corporate Info
2601 Cambridge Court
Auburn Hills, MI 48326
Auburn Hills, MI 48326
(248) 340-7000
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