Safe and Sound

AMERICA'S CHRISTIAN

GLENDORA, CA
5
Star Rating
GLENDORA, CA-based AMERICA'S CHRISTIAN is an NCUA-insured credit union founded in 1973. As of June 30, 2017, the credit union had assets of $353.3 million.

Thanks to the efforts of 90 full-time employees, the credit union currently holds loans and leases worth $244.2 million. AMERICA'S CHRISTIAN's 123,764 members currently have $306.5 million in shares with the credit union.

Overall, Bankrate believes that, as of June 30, 2017, AMERICA'S CHRISTIAN exhibited a superior condition, earning a full 5 stars for safety and soundness. Keep reading for a breakdown of how the credit union faired on the three major criteria Bankrate used to grade American credit unions on safety and soundness.

WHAT IS
SAFE AND SOUND?

Find out

THE INSTITUTION'S SCORE

Capital Score

Capital acts as a buffer against losses and provides protection for members when a credit union is experiencing economic instability. Therefore, when it comes to measuring an a credit union's financial stability, capital is essential. When it comes to safety and soundness, more capital is better.

AMERICA'S CHRISTIAN finished below the national average of 15.26 on our test to measure the adequacy of a credit union's capital, racking up 12 out of a possible 30 points.

AMERICA'S CHRISTIAN appears to be less well prepared for financial trouble than its peers in this area, with a capitalization ratio of 10.00 percent in our test, below the average for all credit unions.

Asset Quality Score

In this test, Bankrate tries to estimate the effect of troubled assets, such as unpaid loans, on the credit union's loan loss reserves and overall capitalization.

Having large numbers of these types of assets means a credit union could have to use capital to cover losses, reducing its equity cushion. Many of those assets are also likely to be in non-accrual status and thus aren't earning money, resulting in diminished earnings and potentially more risk of a future failure.

On Bankrate's test of asset quality, AMERICA'S CHRISTIAN scored 40 out of a possible 40 points, beating the national average of 38.15 points.

Troubled assets made up 1.00 percent of the credit union's total assets in our test, below the national average and potentially indicative of greater financial strength than other credit unions.

Earnings score

A credit union's profitability affects its safety and soundness. A credit union can retain its earnings, increasing its capital cushion, or put them to work addressing problematic loans, potentially making the credit union better prepared to withstand economic shocks. Losses, on the other hand, diminish a credit union's ability to do those things.

AMERICA'S CHRISTIAN received above-average marks on Bankrate's test of earnings, achieving a score of 24 out of a possible 30.

One indication that AMERICA'S CHRISTIAN is doing better than its peers in this area was its earnings ratio of 14.00 percent in our test, better than the average for all credit unions.

WHAT IS SAFE & SOUND?

Bankrate.com's Safe & Sound Ratings provide a star rating system to evaluate the current financial status of financial institutions. The information gathered about banks, credit unions and thrifts is updated as set forth in the Terms of Use of Safe & Sound Ratings and Reports. The Safe & Sound Ratings information is grouped by categories of banks, thrifts and credit unions.

Scoring methodology

Bankrate.com evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating. Institutions with satisfactory performance will generally receive a rating of three or more stars. The majority of institutions fall into the three- to four-star range. An institution with an "NR" rating may be too new to rate or may have limited the publicly available information in their regulatory filings. The "NR" is not an indication of financial strength or weakness. The Safe & Sound rating is believed to be reliable, but the information is not guaranteed. In addition, events since the information was collected may have altered the institution's financial condition.