Development
Financial Resources Federal Credit Union
Major Rating Factors:
Fair current capitalization (4.6 on a scale of 0 to 10) based on a net capital to total assets of 6.9 and a net worth ratio of 8.2. 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).
Other Rating Factors:
Operating profits as a percentage of assets at 1.2%, coupled with a return on assets of 0.5 has resulted in Good (6.9) profitability. A current level of 21.5 percent of nonperforming loans to core capital combined with 11.1 percent from a year earlier contributes to the Fair asset quality (3.7).
Asset Mix:
Home mtgs (44%), consumer loans (6%), other (50%)
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
520 US Highway 22 East
Bridgewater, NJ 08807
Bridgewater, NJ 08807
Phone Number
(908) 253-6441
NCUA Charter Number
Largest Competitors
Basking Ridge, NJ
Rahway, NJ
Nutley, NJ
Dover, NJ
Deptford Township, NJ