Development
Department of Commerce Federal Credit Union
Major Rating Factors:
A current level of 22.7 percent of nonperforming loans to core capital combined with 6.6 percent from a year earlier contributes to the Fair asset quality (3.7). Fair current capitalization (3.4 on a scale of 0 to 10) based on a net capital to total assets of 5.6 and a net worth ratio of 7.1.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Good overall stability index (5.4 on a scale of 0 to 10). Weak liquidity 1.2, driven by a liquidity ratio of 12.4 percent and a “hot money” ratio of 25.4 percent.
Asset Mix:
Home mtgs (40%), consumer loans (33%), other (27%)
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
1401 Constitution Avenue, NW
Washington, DC 20230
Washington, DC 20230
Phone Number
(202) 808-3600
NCUA Charter Number
Website
Largest Competitors
Washington, DC
Washington, DC
Washington, DC
Washington, DC
Washington, DC