C
Forrit Credit Union
Rating Date
July 2025
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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 (4.3 on a scale of 0 to 10).
Other Rating Factors: Excellent current capitalization (8.0 on a scale of 0 to 10) based on a net capital to total assets of 10.2 and a net worth ratio of 0.0. A current level of 6.1 percent of nonperforming loans to core capital combined with 6.2 percent from a year earlier contributes to the Good asset quality (6.6).
Asset Mix: Consumer loans (25%), home mtgs (23%), other (52%)
Asset Quality
Non-Performing Loans to Capital
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5-Year Charge-Offs to Average Loans
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Hot Money
Corporate Info
Address
12550 SE 93rd Avenue
Clackamas, OR 97015
Phone Number
(503) 275-0300
NCUA Charter Number