Newport News Municipal Employees Credit Union
Major Rating Factors:
Very Weak current capitalization (0.7 on a scale of 0 to 10) based on a net capital to total assets of 4.1 and a net worth ratio of 7.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.3 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 4.4, driven by a liquidity ratio of 20.1 percent and a “hot money” ratio of 0.5 percent. Operating profits as a percentage of assets at 0.9%, coupled with a return on assets of 0.8 has resulted in Fair (4.8) profitability.
Asset Mix:
Consumer loans (32%), home mtgs (9%), securities (1%), other (58%)
Corporate Info
502 Operations Drive
Newport News, VA 23602
Newport News, VA 23602
(757) 249-1003
Largest Competitors
Vienna, VA
Tysons, VA
Newport News, VA
Newport News, VA
Newport News, VA