First Source 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 Fair overall stability index (4.3 on a scale of 0 to 10). A current level of 7.9 percent of nonperforming loans to core capital contributes to the Good asset quality (6.7).
Other Rating Factors:
Excellent current capitalization (8.0 on a scale of 0 to 10) based on a net capital to total assets of 10.2 and a net worth ratio of 10.2. Operating profits as a percentage of assets at 2.0%, coupled with a return on assets of 0.9 has resulted in Excellent (7.2) profitability.
Asset Mix:
Consumer loans (37%), home mtgs (28%), comm loans (13%), other (21%)
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
4451 Commercial Drive
New Hartford, NY 13413
New Hartford, NY 13413
Phone Number
(315) 735-8571
NCUA Charter Number
Website
Largest Competitors
Bethpage, NY
New Hartford, NY
New Hartford, NY
New Hartford, NY
New Hartford, NY