B
Impact Credit Union, Inc
ClydeOH
Rating Date
May 2024
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Major Rating Factors: A current level of 1.8 percent of nonperforming loans to core capital combined with 0.6 percent from a year earlier contributes to the Excellent asset quality (9.4). Good current capitalization (6.4 on a scale of 0 to 10) based on a net capital to total assets of 8.9 and a net worth ratio of 8.9.
Other 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). Fair liquidity 3.3, driven by a liquidity ratio of 18.0 percent and a “hot money” ratio of 4.0 percent.
Asset Mix: Consumer loans (27%), securities (15%), home mtgs (10%), other (48%)
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Corporate Info
Address
1455 West McPherson Highway
Clyde, OH 43410
Phone Number
(419) 547-7781
NCUA Charter Number