C
Service 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 Good overall stability index (5.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.8%, coupled with a return on assets of 1.2 has resulted in Excellent (7.6) profitability.
Other Rating Factors: Excellent current capitalization (9.7 on a scale of 0 to 10) based on a net capital to total assets of 11.3 and a net worth ratio of 11.9. A current level of 2.9 percent of nonperforming loans to core capital combined with 2.3 percent from a year earlier contributes to the Excellent asset quality (9.1).
Asset Mix: Consumer loans (40%), home mtgs (21%), other (39%)
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Corporate Info
Address
3003 Lafayette Road
Portsmouth, NH 03801
Phone Number
(603) 422-8300
NCUA Charter Number
Largest Competitors