C
Cornerstone Financial 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 Fair overall stability index (5.0 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.6 has resulted in Good (5.0) profitability.
Other Rating Factors: Excellent current capitalization (7.7 on a scale of 0 to 10) based on a net capital to total assets of 9.9 and a net worth ratio of 0.0. A current level of 5.9 percent of nonperforming loans to core capital combined with 5.9 percent from a year earlier contributes to the Good asset quality (6.4).
Asset Mix: Consumer loans (57%), home mtgs (14%), other (29%)
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Hot Money
Corporate Info
Address
1701 21st Avenue, South
Nashville, TN 37212
Phone Number
(615) 385-6866
NCUA Charter Number
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