B
Northwest Hills Credit Union
Rating Date
May 2024
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Major Rating Factors: A current level of 1.0 percent of nonperforming loans to core capital combined with 4.8 percent from a year earlier contributes to the Excellent asset quality (9.4). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Excellent (7.6) profitability.
Other Rating Factors: Good current capitalization (6.9 on a scale of 0 to 10) based on a net capital to total assets of 9.4 and a net worth ratio of 9.4. Good liquidity 5.7, driven by a liquidity ratio of 22.3 percent and a “hot money” ratio of 3.7 percent.
Asset Mix: Consumer loans (39%), home mtgs (3%), other (58%)
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Corporate Info
Address
339 North Elm Street
Torrington, CT 06790
Phone Number
(860) 496-7326
NCUA Charter Number