Whatcom Educational Credit Union
Major Rating Factors:
Excellent current capitalization (9.4 on a scale of 0 to 10) based on a net capital to total assets of 11.2 and a net worth ratio of 11.3. A current level of 5.1 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.9).
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.8 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.0%, coupled with a return on assets of 0.6 has resulted in Fair (4.2) profitability.
Asset Mix:
Home mtgs (28%), consumer loans (21%), comm loans (18%), securities (1%), other (33%)
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
21 Bellwether Way
Bellingham, WA 98225
Bellingham, WA 98225
Phone Number
(360) 676-1168
NCUA Charter Number
Website
Largest Competitors
Tukwila, WA
Richland, WA
Bellingham, WA
Bellingham, WA
Bellingham, WA