B
Mill Town Credit Union
EverettWA
Rating Date
May 2024
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Major Rating Factors: Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 20.3 and a net worth ratio of 20.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.6 on a scale of 0 to 10).
Other Rating Factors: A current level of 8.9 percent of nonperforming loans to core capital combined with 5.0 percent from a year earlier contributes to the Good asset quality (5.6). Fair liquidity 4.1, driven by a liquidity ratio of 32.7 percent and a “hot money” ratio of 23.2 percent.
Asset Mix: Consumer loans (54%), home mtgs (2%), other (44%)
Asset Quality
Non-Performing Loans to Capital
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Corporate Info
Address
3102 Broadway
Everett, WA 98201
Phone Number
(425) 252-5139
NCUA Charter Number