Chartway Federal 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 (4.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.4 has resulted in Fair (3.8) profitability.
Other Rating Factors:
Good current capitalization (5.6 on a scale of 0 to 10) based on a net capital to total assets of 8.0 and a net worth ratio of 8.2. A current level of 12.5 percent of nonperforming loans to core capital contributes to the Fair asset quality (5.0).
Asset Mix:
Consumer loans (52%), home mtgs (18%), comm loans (2%), other (28%)
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
5700 Cleveland Street
Virginia Beach, VA 23462
Virginia Beach, VA 23462
Phone Number
(757) 552-1000
NCUA Charter Number
Website
Largest Competitors
Vienna, VA
Tysons, VA
Richmond, VA
Virginia Beach, VA
Virginia Beach, VA