Development
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Boulder Dam Credit Union
Rating Date
March 2024
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Major Rating Factors: A current level of 0.2 percent of nonperforming loans to core capital contributes to the Excellent asset quality (10.0). Excellent current capitalization (8.3 on a scale of 0 to 10) based on a net capital to total assets of 10.4 and a net worth ratio of 12.6.
Other Rating Factors: A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (8.3 on a scale of 0 to 10). Good liquidity 5.5, driven by a liquidity ratio of 42.1 percent and a “hot money” ratio of 0.0 percent.
Asset Mix: Home mtgs (28%), securities (7%), consumer loans (3%), other (62%)
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Corporate Info
Address
530 Avenue G
Boulder City, NV 89005
Phone Number
(702) 293-7777
NCUA Charter Number