Naveo Credit Union
Major Rating Factors:
Operating profits as a percentage of assets at 0.2%, coupled with a return on assets of 0.2 has resulted in Weak (2.2) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.9 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.7, driven by a liquidity ratio of 13.4 percent and a “hot money” ratio of 17.1 percent. Fair current capitalization (3.4 on a scale of 0 to 10) based on a net capital to total assets of 5.6 and a net worth ratio of 0.0.
Asset Mix:
Home mtgs (34%), consumer loans (5%), other (62%)
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