Development
D
Delaware State Police Federal Credit Union
Rating Date
March 2024
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Major Rating Factors: Weak current capitalization (2.0 on a scale of 0 to 10) based on a net capital to total assets of 4.9 and a net worth ratio of 10.0. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Weak overall stability index (2.6 on a scale of 0 to 10).
Other Rating Factors: Operating profits as a percentage of assets at 0.7%, coupled with a return on assets of 0.7 has resulted in Weak (2.6) profitability. Fair liquidity 4.0, driven by a liquidity ratio of 16.3 percent and a “hot money” ratio of 3.5 percent.
Asset Mix: Consumer loans (20%), home mtgs (18%), securities (4%), other (58%)
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Non-Performing Loans to Capital
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Non-Performing Loans to Loans
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Hot Money
Corporate Info
Address
700 North Bedford Street
Georgetown, DE 19947
Phone Number
(302) 276-8600
NCUA Charter Number