Naveo Credit Union
Major Rating Factors:
Very Weak current capitalization (0.8 on a scale of 0 to 10) based on a net capital to total assets of 4.2 and a net worth ratio of 8.3. Operating profits as a percentage of assets at 0.0%, coupled with a return on assets of 0.2 has resulted in Weak (1.7) profitability.
Other Rating Factors:
Fair liquidity 3.1, driven by a liquidity ratio of 6.7 percent and a “hot money” ratio of 14.9 percent. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.1 on a scale of 0 to 10).
Asset Mix:
Home mtgs (30%), consumer loans (6%), other (64%)
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
493 Somerville Avenue
Somerville, MA 02143
Somerville, MA 02143
Phone Number
(617) 547-3144
NCUA Charter Number
Website
Largest Competitors
Marlborough, MA
Somerville, MA
Somerville, MA
Somerville, MA
Somerville, MA