C
1199 SEIU 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 Fair overall stability index (4.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.2 has resulted in Weak (2.2) profitability.
Other Rating Factors: Good current capitalization (5.8 on a scale of 0 to 10) based on a net capital to total assets of 8.2 and a net worth ratio of 11.9. A current level of 11.8 percent of nonperforming loans to core capital combined with 3.0 percent from a year earlier contributes to the Good asset quality (5.8).
Asset Mix: Securities (28%), consumer loans (24%), home mtgs (9%), other (39%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
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Hot Money
Corporate Info
Address
498 Fashion Avenue
New York, NY 10018
Phone Number
(212) 957-1055
NCUA Charter Number