Essex County Teachers Federal Credit Union
Major Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (1.7 on a scale of 0 to 10). Operating profits as a percentage of assets at 1.5%, coupled with a return on assets of 1.1 has resulted in Fair (3.4) profitability.
Other Rating Factors:
Fair liquidity 3.7, driven by a liquidity ratio of 20.9 percent and a “hot money” ratio of 0.0 percent. Fair current capitalization (4.8 on a scale of 0 to 10) based on a net capital to total assets of 7.2 and a net worth ratio of 7.2.
Asset Mix:
Securities (48%), consumer loans (32%), home mtgs (6%), other (15%)
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
125 Franklin Street
Bloomfield, NJ 07003
Bloomfield, NJ 07003
Phone Number
(973) 748-8847
NCUA Charter Number
Website
Largest Competitors
Basking Ridge, NJ
Rahway, NJ
Bloomfield, NJ
Bloomfield, NJ
Bloomfield, NJ