E
Gateway 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 Very Weak overall stability index (1.0 on a scale of 0 to 10). A current level of 33.2 percent of nonperforming loans to core capital combined with 4.8 percent from a year earlier contributes to the Weak asset quality (2.2).
Other Rating Factors: Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.4 has resulted in Fair (4.0) profitability. Fair liquidity 4.6, driven by a liquidity ratio of 28.7 percent and a “hot money” ratio of 5.7 percent.
Asset Mix: Consumer loans (49%), home mtgs (10%), other (41%)
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
100 Otis Smith Drive
Clarksville, TN 37043
Phone Number
(931) 551-8271
NCUA Charter Number
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