Major Rating Factors:
A current level of 7.9 percent of nonperforming loans to core capital combined with 4.5 percent from a year earlier contributes to the Good asset quality (6.8). Good current capitalization (5.6 on a scale of 0 to 10) based on a net capital to total assets of 8.0 and a net worth ratio of 10.7.
Other 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). Fair liquidity 3.9, driven by a liquidity ratio of 22.9 percent and a “hot money” ratio of 7.5 percent.
Asset Mix:
Home mtgs (28%), consumer loans (9%), securities (1%), other (61%)
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