B
Suncoast Credit Union
TampaFL
Rating Date
May 2024
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Major Rating Factors: A current level of 3.9 percent of nonperforming loans to core capital combined with 2.8 percent from a year earlier contributes to the Excellent asset quality (8.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.7 on a scale of 0 to 10).
Other Rating Factors: Good current capitalization (5.1 on a scale of 0 to 10) based on a net capital to total assets of 7.5 and a net worth ratio of 9.5. Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 0.9 has resulted in Fair (5.0) profitability.
Asset Mix: Consumer loans (39%), home mtgs (24%), other (37%)
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Corporate Info
Address
6801 East Hillsborough Avenue
Tampa, FL 33610
Phone Number
(813) 621-7511
NCUA Charter Number