C
S E C U Credit Union
KeokukIA
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 (4.3 on a scale of 0 to 10). Operating profits as a percentage of assets at 2.7%, coupled with a return on assets of 2.5 has resulted in Excellent (7.2) profitability.
Other Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 30.9 and a net worth ratio of 30.9. A current level of 3.8 percent of nonperforming loans to core capital combined with 1.5 percent from a year earlier contributes to the Excellent asset quality (7.5).
Asset Mix: Consumer loans (64%), other (36%)
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Corporate Info
Address
3200 Main Street
Keokuk, IA 52632
Phone Number
(319) 524-4560x388
NCUA Charter Number
Website
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