Development
Members Source Credit Union
Major Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a net capital to total assets of 12.4 and a net worth ratio of 12.4. A current level of 1.4 percent of nonperforming loans to core capital combined with 2.4 percent from a year earlier contributes to the Excellent asset quality (10.0).
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 (6.5 on a scale of 0 to 10). Weak liquidity 2.6, driven by a liquidity ratio of 17.0 percent and a “hot money” ratio of 8.3 percent.
Asset Mix:
Securities (36%), home mtgs (25%), consumer loans (19%), other (20%)
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
8580 Virginia Street
Merrillville, IN 46410
Merrillville, IN 46410
Phone Number
(219) 756-4141
NCUA Charter Number
Website
Largest Competitors
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Merrillville, IN
Merrillville, IN
Merrillville, IN