D
Resource One Credit Union
DallasTX
Rating Date
May 2024
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Major Rating Factors: Weak current capitalization (1.4 on a scale of 0 to 10) based on a net capital to total assets of 4.6 and a net worth ratio of 6.5. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.5 on a scale of 0 to 10).
Other Rating Factors: Weak liquidity 2.5, driven by a liquidity ratio of 16.5 percent and a “hot money” ratio of 23.1 percent. A current level of 24.4 percent of nonperforming loans to core capital combined with 12.2 percent from a year earlier contributes to the Fair asset quality (3.6).
Asset Mix: Consumer loans (40%), home mtgs (25%), other (35%)
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Corporate Info
Address
1200 Belleview Street
Dallas, TX 75215
Phone Number
(214) 540-1701
NCUA Charter Number