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 (2.3 on a scale of 0 to 10). Fair current capitalization (4.6 on a scale of 0 to 10) based on a net capital to total assets of 7.0 and a net worth ratio of 7.0.
Other Rating Factors:
Weak liquidity 2.6, driven by a liquidity ratio of 11.6 percent and a “hot money” ratio of 10.9 percent. Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Fair (4.8) profitability.
Asset Mix:
Home mtgs (35%), consumer loans (29%), comm loans (6%), other (30%)
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
3528 East Main Street
Waterbury, CT 06705
Waterbury, CT 06705
Phone Number
(203) 755-2030
NCUA Charter Number
Largest Competitors
East Hartford, CT
Waterbury, CT
Waterbury, CT
Waterbury, CT
Waterbury, CT