Major Rating Factors:
Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Fair (3.1) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.7 on a scale of 0 to 10).
Other Rating Factors:
Excellent current capitalization (9.9 on a scale of 0 to 10) based on a net capital to total assets of 11.5 and a net worth ratio of 0.0. A current level of 5.2 percent of nonperforming loans to core capital contributes to the Good asset quality (6.9).
Asset Mix:
Consumer loans (41%), home mtgs (21%), other (38%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
805 West Boylston Street
Worcester, MA 01606
Worcester, MA 01606
Phone Number
(508) 799-7677
NCUA Charter Number
Website
Largest Competitors
Marlborough, MA
Worcester, MA
Worcester, MA
Worcester, MA
Worcester, MA