B
Lauderdale County Teachers Credit Union
Rating Date
May 2024
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Major Rating Factors: A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (10.0). Excellent current capitalization (8.7 on a scale of 0 to 10) based on a net capital to total assets of 10.7 and a net worth ratio of 10.8.
Other 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 (5.8 on a scale of 0 to 10). Fair liquidity 5.0, driven by a liquidity ratio of 41.5 percent and a “hot money” ratio of 15.7 percent.
Asset Mix: Securities (38%), home mtgs (20%), consumer loans (16%), other (26%)
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Corporate Info
Address
103 Mangum Street
Florence, AL 35630
Phone Number
(256) 766-2936
NCUA Charter Number