Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.3 has resulted in Good (6.6) profitability.
Other Rating Factors:
A current level of 4.0 percent of nonperforming loans to core capital combined with 7.9 percent from a year earlier contributes to the Excellent asset quality (8.0). Good current capitalization (6.8 on a scale of 0 to 10) based on a net capital to total assets of 9.2 and a net worth ratio of 0.0.
Asset Mix:
Home mtgs (28%), consumer loans (8%), other (65%)
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
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
520 West Boylston Street
Worcester, MA 01606
Worcester, MA 01606
Phone Number
(508) 853-9966
NCUA Charter Number
Website
Largest Competitors
Marlborough, MA
Worcester, MA
Worcester, MA
Worcester, MA
Worcester, MA