B
Rockford Municipal Employees Credit Union
Rating Date
May 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Rockford Municipal Employees Credit Union
Rockford, IL
Click to
Compare
Click to
Compare
Click to
Compare
Rating B
Asset Quality Index 9.90
Capitalization Index 10.00
Liquidity Index 6.40
Profitability Index 1.10
Stability Index 6.80
Company Info Rockford Municipal Employees Credit Union
Rockford, IL
Click to
Compare
Click to
Compare
Click to
Compare
NCUA Charter Number 4834
Phone Number (815) 316-4655
Website www.rmecu.net
Asset Quality Rockford Municipal Employees Credit Union
Rockford, IL
Click to
Compare
Click to
Compare
Click to
Compare
1-Year Asset Growth -4.91%
5-Year Asset Growth 4.63%
5-Year Charge-Offs to Average Loans 0.17%
Charge-Offs to Average Loans 1.42%
Non-Performing Assets to Assets 0.02%
Non-Performing Loans to Capital 0.16%
Non-Performing Loans to Loans 0.05%
Balance Sheet Rockford Municipal Employees Credit Union
Rockford, IL
Click to
Compare
Click to
Compare
Click to
Compare
Total Assets 24.60M
Total Deposits 21.47M
Capital and Reserves Rockford Municipal Employees Credit Union
Rockford, IL
Click to
Compare
Click to
Compare
Click to
Compare
Capital 3.06M
Leverage Ratio 12.42
Loan Loss Reserves to Loans 0.56%
Liquidity Rockford Municipal Employees Credit Union
Rockford, IL
Click to
Compare
Click to
Compare
Click to
Compare
Hot Money Ratio 0.00%
Liquidity Ratio 37.07%
Profitability Rockford Municipal Employees Credit Union
Rockford, IL
Click to
Compare
Click to
Compare
Click to
Compare
5-Year Return on Average Assets 0.56%
Net Income 19.00K
Net Interest Spread 4.41%
Operating Profit to Average Assets 0.31%
Overhead Efficiency Ratio 69.30%
Return on Assets 0.31%
Return on Equity 2.49%