Major Rating Factors:
Excellent current capitalization (7.4 on a scale of 0 to 10) based on a net capital to total assets of 9.7 and a net worth ratio of 11.3. A current level of 8.0 percent of nonperforming loans to core capital combined with 10.3 percent from a year earlier contributes to the Good asset quality (6.8).
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 (5.8 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.4%, coupled with a return on assets of 0.7 has resulted in Fair (4.8) profitability.
Asset Mix:
Consumer loans (33%), home mtgs (25%), other (42%)
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Address
197 East Thornton Street
Akron, OH 44311
Akron, OH 44311
Phone Number
(330) 253-9106
NCUA Charter Number
Website
Largest Competitors
Akron, OH
Akron, OH
Akron, OH
Akron, OH
Akron, OH