Mohawk Progressive Federal Credit Union
Major Rating Factors:
A current level of 59.7 percent of nonperforming loans to core capital combined with 48.4 percent from a year earlier contributes to the Very Weak asset quality (0.3). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (3.8 on a scale of 0 to 10).
Other Rating Factors:
Weak liquidity 2.0, driven by a liquidity ratio of 4.3 percent and a “hot money” ratio of 6.3 percent. Good current capitalization (6.2 on a scale of 0 to 10) based on a net capital to total assets of 8.6 and a net worth ratio of 8.6.
Asset Mix:
Consumer loans (36%), securities (16%), home mtgs (7%), 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
1760 State Street
Schenectady, NY 12304
Schenectady, NY 12304
Phone Number
(518) 372-0828
NCUA Charter Number
Largest Competitors
Bethpage, NY
Hauppauge, NY
Rochester, NY
Long Island City, NY
Schenectady, NY