Newport News Municipal Employees Credit Union
Major Rating Factors:
Weak current capitalization (1.2 on a scale of 0 to 10) based on a net capital to total assets of 4.6 and a net worth ratio of 7.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.8 on a scale of 0 to 10).
Other Rating Factors:
Fair liquidity 4.3, driven by a liquidity ratio of 19.8 percent and a “hot money” ratio of 0.5 percent. A current level of 10.0 percent of nonperforming loans to core capital combined with 29.6 percent from a year earlier contributes to the Good asset quality (5.7).
Asset Mix:
Consumer loans (34%), home mtgs (9%), securities (1%), other (56%)
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
502 Operations Drive
Newport News, VA 23602
Newport News, VA 23602
Phone Number
(757) 249-1003
NCUA Charter Number
Website
Largest Competitors
Vienna, VA
Tysons, VA
Newport News, VA
Newport News, VA
Newport News, VA
