C
Coast Central Credit Union
EurekaCA
Rating Date
May 2024
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Major Rating Factors: Operating profits as a percentage of assets at 0.6%, coupled with a return on assets of 0.6 has resulted in Weak (2.5) profitability. Good current capitalization (5.2 on a scale of 0 to 10) based on a net capital to total assets of 7.6 and a net worth ratio of 11.9.
Other Rating Factors: A current level of 3.1 percent of nonperforming loans to core capital combined with 4.8 percent from a year earlier contributes to the Excellent asset quality (9.4). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (6.3 on a scale of 0 to 10).
Asset Mix: Home mtgs (19%), consumer loans (14%), other (67%)
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Corporate Info
Address
2650 Harrison Avenue
Eureka, CA 95501
Phone Number
(707) 445-8801
NCUA Charter Number