B
Powernet Credit Union
TampaFL
Rating Date
July 2025
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Major Rating Factors: A current level of 1.0 percent of nonperforming loans to core capital combined with 2.7 percent from a year earlier contributes to the Excellent asset quality (10.0). Excellent current capitalization (7.1 on a scale of 0 to 10) based on a net capital to total assets of 9.5 and a net worth ratio of 0.0.
Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.1 on a scale of 0 to 10). Good liquidity 5.3, driven by a liquidity ratio of 39.2 percent and a “hot money” ratio of 9.3 percent.
Asset Mix: Securities (43%), home mtgs (12%), consumer loans (9%), other (36%)
Asset Quality
Non-Performing Loans to Capital
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Corporate Info
Address
5619 Harney Road
Tampa, FL 33610
Phone Number
(813) 621-6454
NCUA Charter Number