B
M W R D Employees Credit Union
ChicagoIL
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.6 and a net worth ratio of 14.0. A current level of 3.8 percent of nonperforming loans to core capital combined with 3.0 percent from a year earlier contributes to the Excellent asset quality (8.4).
Other 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 (6.7 on a scale of 0 to 10). Fair liquidity 4.9, driven by a liquidity ratio of 23.0 percent and a “hot money” ratio of 2.8 percent.
Asset Mix: Consumer loans (31%), home mtgs (22%), other (47%)
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Non-Performing Loans to Capital
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Corporate Info
Address
100 East Erie Street
Chicago, IL 60611
Phone Number
(312) 751-3111
NCUA Charter Number