C
FedChoice Federal Credit Union
LanhamMD
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 Fair overall stability index (4.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.3 has resulted in Weak (1.7) profitability.
Other Rating Factors: A current level of 15.5 percent of nonperforming loans to core capital combined with 5.5 percent from a year earlier contributes to the Good asset quality (6.3). Good current capitalization (5.2 on a scale of 0 to 10) based on a net capital to total assets of 7.6 and a net worth ratio of 9.3.
Asset Mix: Consumer loans (25%), home mtgs (16%), securities (1%), other (58%)
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Address
10001 Willowdale Road
Lanham, MD 20706
Phone Number
(301) 699-6100
NCUA Charter Number
150