A net worth ratio of 39.0% puts Danvers Municipal in rare company among its peers. This Danvers, MA-based credit union manages $8M in assets and serves 1K members.
The numbers speak for themselves - with a net worth ratio of 39.0% and a return on assets of 1.84%, Danvers Municipal is delivering where it counts. Add in delinquency of just 0.00%, loan-to-share ratio of 84.2%, net interest margin of 3.94%, efficiency ratio of 53.3%, charge-off rate of just 0.00%, and you have a credit union performing well above its peer group.
Exceptionally well-capitalized with a net worth ratio of 39.
See Danvers Municipal's full financial profile on CU Wire Data