Serving 1K members out of taunton, MA, Morton manages $10M in total assets and is turning heads with above-peer performance across 7 key financial metrics.
The numbers speak for themselves - with a net worth ratio of 12.2% and a return on assets of 1.21%, Morton is delivering where it counts. Add in delinquency of just 0.01%, loan-to-share ratio of 71.8%, net interest margin of 4.19%, efficiency ratio of 72.8%, charge-off rate of just 0.07%, and you have a credit union performing well above its peer group.
Exceptionally well-capitalized with a net worth ratio of 12.