Greater Eastern Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 13.7 and a net worth ratio of 13.9. A current level of 3.4 percent of nonperforming loans to core capital combined with 1.3 percent from a year earlier contributes to the Excellent asset quality (9.0).
Other Rating Factors:
Operating profits as a percentage of assets at 1.1%, coupled with a return on assets of 0.9 has resulted in Good (6.6) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.8 on a scale of 0 to 10).
Asset Mix:
Consumer loans (34%), home mtgs (19%), other (47%)
Corporate Info
2110 Mountcastle Drive
Johnson City, TN 37604
Johnson City, TN 37604
(423) 283-6833
Largest Competitors
Kingsport, TN
Knoxville, TN
Tullahoma, TN
Johnson City, TN
Johnson City, TN