D
Local No. 317 IAFF 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 (3.0 on a scale of 0 to 10). A current level of 6.5 percent of nonperforming loans to core capital combined with 6.5 percent from a year earlier contributes to the Good asset quality (5.3).
Other Rating Factors: Good liquidity 5.0, driven by a liquidity ratio of 38.9 percent and a “hot money” ratio of 0.0 percent. Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 1.4 has resulted in Good (6.7) profitability.
Asset Mix: Consumer loans (55%), other (45%)
Asset Quality
Non-Performing Loans to Capital
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5-Year Charge-Offs to Average Loans
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Corporate Info
Address
205A Tennessee Avenue
Charleston, WV 25302
Phone Number
(304) 345-9790
NCUA Charter Number