Development
C
SMW Financial Credit Union
Rating Date
March 2024
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Major Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.5 on a scale of 0 to 10). Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.5 has resulted in Fair (3.7) profitability.
Other Rating Factors: Good current capitalization (7.0 on a scale of 0 to 10) based on a net capital to total assets of 9.4 and a net worth ratio of 10.5. A current level of 7.6 percent of nonperforming loans to core capital combined with 2.2 percent from a year earlier contributes to the Good asset quality (5.9).
Asset Mix: Home mtgs (25%), consumer loans (24%), other (52%)
Asset Quality
Non-Performing Loans to Capital
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Hot Money
Corporate Info
Address
700 Apollo Drive
Lino Lakes, MN 55014
Phone Number
(651) 747-1500
NCUA Charter Number
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