Texas Dow Employees Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 13.5 percent of nonperforming loans to core capital combined with 12.3 percent from a year earlier contributes to the Good asset quality (6.0).
Other Rating Factors:
Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 0.7 has resulted in Excellent (8.0) profitability. Excellent current capitalization (7.7 on a scale of 0 to 10) based on a net capital to total assets of 9.9 and a net worth ratio of 10.1.
Asset Mix:
Consumer loans (40%), home mtgs (37%), other (23%)
Largest Competitors
Live Oak, TX
San Antonio, TX
Fort Worth, TX
El Paso, TX
Corpus Christi, TX