Vital Federal Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 14.3 and a net worth ratio of 14.3. Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.7 has resulted in Excellent (9.0) profitability.
Other Rating Factors:
A current level of 0.6 percent of nonperforming loans to core capital combined with 1.2 percent from a year earlier contributes to the Excellent asset quality (8.5). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix:
Consumer loans (65%), home mtgs (1%), other (34%)
Corporate Info
1450 John B White Sr Blvd
Spartanburg, SC 29306
Spartanburg, SC 29306
(864) 948-8200
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