B
Cleveland Police Credit Union, Inc.
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (8.5 on a scale of 0 to 10) based on a net capital to total assets of 10.5 and a net worth ratio of 10.7. A current level of 5.2 percent of nonperforming loans to core capital combined with 1.1 percent from a year earlier contributes to the Excellent asset quality (8.5).
Other Rating Factors: Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 1.1 has resulted in Excellent (7.3) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.2 on a scale of 0 to 10).
Asset Mix: Securities (28%), consumer loans (27%), home mtgs (11%), other (33%)
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Corporate Info
Address
2301 Payne Avenue
Cleveland, OH 44114
Phone Number
(216) 861-3535
NCUA Charter Number