D
City of Boston 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 Weak overall stability index (2.8 on a scale of 0 to 10).
Other Rating Factors: Weak liquidity 2.3, driven by a liquidity ratio of 9.0 percent and a “hot money” ratio of 17.5 percent. Fair current capitalization (3.3 on a scale of 0 to 10) based on a net capital to total assets of 5.6 and a net worth ratio of 8.2.
Asset Mix: Home mtgs (49%), consumer loans (21%), other (30%)
Asset Quality
Non-Performing Loans to Capital
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Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
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Corporate Info
Address
455 West Broadway
South Boston, MA 02127
Phone Number
(617) 941-5606
NCUA Charter Number
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