Newport News Municipal Employees Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.7 on a scale of 0 to 10). A current level of 7.6 percent of nonperforming loans to core capital contributes to the Good asset quality (6.5).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 1.2 has resulted in Excellent (7.6) profitability. Good current capitalization (6.5 on a scale of 0 to 10) based on a net capital to total assets of 9.0 and a net worth ratio of 10.3.
Asset Mix:
Consumer loans (32%), home mtgs (7%), securities (1%), other (60%)
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