C
Education Credit Union
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 Good overall stability index (6.3 on a scale of 0 to 10).
Other Rating Factors: Excellent current capitalization (9.8 on a scale of 0 to 10) based on a net capital to total assets of 11.4 and a net worth ratio of 11.9. A current level of 5.0 percent of nonperforming loans to core capital combined with 3.8 percent from a year earlier contributes to the Excellent asset quality (7.9).
Asset Mix: Consumer loans (42%), home mtgs (30%), other (28%)
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Corporate Info
Address
6203 Hillside Road
Amarillo, TX 79109
Phone Number
(806) 358-7777
NCUA Charter Number