E
Syracuse Cooperative Federal Credit Union
Rating Date
May 2024
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0 on a scale of 0 to 10). A current level of 65.4 percent of nonperforming loans to core capital combined with 74.3 percent from a year earlier contributes to the Very Weak asset quality (0.3).
Other Rating Factors: Very Weak current capitalization (0.5 on a scale of 0 to 10) based on a net capital to total assets of 3.8 and a net worth ratio of 7.7. Fair liquidity 3.1, driven by a liquidity ratio of 14.9 percent and a “hot money” ratio of 13.5 percent.
Asset Mix: Home mtgs (48%), consumer loans (11%), other (41%)
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
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Operating Profit to Average Assets
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Hot Money
Corporate Info
Address
1816 Erie Boulevard East
Syracuse, NY 13210
Phone Number
(315) 471-1116
NCUA Charter Number