C
Priority Credit Union
OrlandoFL
Rating Date
May 2024
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.1 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.1%, coupled with a return on assets of 0.0 has resulted in Weak (2.2) profitability.
Other Rating Factors: Excellent current capitalization (7.4 on a scale of 0 to 10) based on a net capital to total assets of 9.8 and a net worth ratio of 9.8. A current level of 3.1 percent of nonperforming loans to core capital combined with 2.6 percent from a year earlier contributes to the Excellent asset quality (7.3).
Asset Mix: Consumer loans (43%), home mtgs (13%), other (44%)
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Corporate Info
Address
301 East Michigan Street
Orlando, FL 32806
Phone Number
(407) 425-2561
NCUA Charter Number