THE INSTITUTION'S SCORE
Capital works as a cushion against losses and as protection for members during periods of financial trouble for the credit union. Therefore, when it comes to measuring an an institution's financial resilience, capital is valuable. From a safety and soundness perspective, the more capital, the better.
On our test to measure capital adequacy, CLASS ACT received a score of 8 out of a possible 30 points, falling short of the national average of 15.26.
CLASS ACT had a capitalization ratio of 9.00 percent in our test, worse than the average for all credit unions, suggesting that it could be less resilient in a crisis than its peers.