D
Ulster Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: Very Weak current capitalization (0.3 on a scale of 0 to 10) based on a net capital to total assets of 3.6 and a net worth ratio of 9.9. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.4 on a scale of 0 to 10).
Other Rating Factors: Good liquidity 6.4, driven by a liquidity ratio of 37.8 percent and a “hot money” ratio of 2.4 percent. A current level of 10.6 percent of nonperforming loans to core capital combined with 15.0 percent from a year earlier contributes to the Good asset quality (6.6).
Asset Mix: Consumer loans (8%), home mtgs (6%), securities (3%), other (83%)
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Corporate Info
Address
127 Schwenk Drive
Kingston, NY 12401
Phone Number
(845) 339-5544
NCUA Charter Number