B
Tennessee Department of Safety Credit Union
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 22.3 and a net worth ratio of 22.2. Operating profits as a percentage of assets at 2.5%, coupled with a return on assets of 2.5 has resulted in Excellent (10.0) profitability.
Other Rating Factors: A current level of 1.2 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.8). 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).
Asset Mix: Consumer loans (73%), other (27%)
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Corporate Info
Address
1150 Foster Avenue
Nashville, TN 37243
Phone Number
(615) 251-5145
NCUA Charter Number
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