Development
B
American Eagle Financial Credit Union, Inc.
Rating Date
March 2024
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Major Rating Factors: A current level of 4.1 percent of nonperforming loans to core capital combined with 3.3 percent from a year earlier contributes to the Excellent asset quality (8.6). A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (7.1 on a scale of 0 to 10).
Other Rating Factors: Good current capitalization (6.4 on a scale of 0 to 10) based on a net capital to total assets of 8.8 and a net worth ratio of 8.8. Fair liquidity 4.6, driven by a liquidity ratio of 35.5 percent and a “hot money” ratio of 20.9 percent.
Asset Mix: Home mtgs (29%), consumer loans (22%), securities (12%), other (37%)
Asset Quality
Non-Performing Loans to Capital
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Corporate Info
Address
333 East River Drive
East Hartford, CT 06108
Phone Number
(860) 568-2020
NCUA Charter Number