INSTEP 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 13.4 and a net worth ratio of 13.4. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Other Rating Factors:
A current level of 10.6 percent of nonperforming loans to core capital contributes to the Good asset quality (5.1). Fair liquidity 3.5, driven by a liquidity ratio of 19.8 percent and a “hot money” ratio of 2.6 percent.
Asset Mix:
Consumer loans (66%), home mtgs (0%), other (33%)
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
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
400 Russell Avenue
New Orleans, LA 70143
New Orleans, LA 70143
Phone Number
(504) 394-5574
NCUA Charter Number
Website
Largest Competitors
New Orleans, LA
New Orleans, LA
New Orleans, LA
New Orleans, LA
New Orleans, LA