Development
D
Middlesex County N J Emp Federal Credit Union
Rating Date
March 2024
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Major Rating Factors: Operating profits as a percentage of assets at 0.8%, coupled with a return on assets of 0.1 has resulted in Weak (3.0) profitability. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.4 on a scale of 0 to 10).
Other Rating Factors: Fair liquidity 3.3, driven by a liquidity ratio of 15.3 percent and a “hot money” ratio of 0.0 percent. A current level of 5.6 percent of nonperforming loans to core capital contributes to the Excellent asset quality (7.2).
Asset Mix: Securities (67%), consumer loans (20%), other (13%)
Asset Quality
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Corporate Info
Address
Middlesex County Efcu
North Brunswick, NJ 08902
Phone Number
(732) 227-0270
NCUA Charter Number