Development
B
Mills42 Federal Credit Union
LowellMA
Rating Date
March 2024
Net Capital
Ratio
Leverage
Ratio
Return On
Assets
Total
Assets
Capital
Total
Deposits
Net
Income
Weiss Ratings Mills42 Federal Credit Union
Lowell, MA
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Rating B
Asset Quality Index 9.90
Capitalization Index 10.00
Liquidity Index 2.70
Profitability Index 5.40
Stability Index 6.10
Company Info Mills42 Federal Credit Union
Lowell, MA
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NCUA Charter Number 2469
Phone Number (978) 328-5100
Website www.mills42fcu.com
Asset Quality Mills42 Federal Credit Union
Lowell, MA
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1-Year Asset Growth 1.24%
5-Year Asset Growth 5.04%
5-Year Charge-Offs to Average Loans 0.17%
Charge-Offs to Average Loans 0.13%
Non-Performing Assets to Assets 0.17%
Non-Performing Loans to Capital 1.47%
Non-Performing Loans to Loans 0.20%
Balance Sheet Mills42 Federal Credit Union
Lowell, MA
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Total Assets 26.72M
Total Deposits 22.38M
Capital and Reserves Mills42 Federal Credit Union
Lowell, MA
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Capital 3.09M
Leverage Ratio 11.55
Loan Loss Reserves to Loans 0.24%
Liquidity Mills42 Federal Credit Union
Lowell, MA
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Hot Money Ratio 24.67%
Liquidity Ratio 16.86%
Profitability Mills42 Federal Credit Union
Lowell, MA
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5-Year Return on Average Assets 0.69%
Net Income 190.00K
Net Interest Spread 4.06%
Operating Profit to Average Assets 0.83%
Overhead Efficiency Ratio 83.62%
Return on Assets 0.72%
Return on Equity 6.31%