THE INSTITUTION'S SCORE
Capital works as a bulwark against losses and affords protection for members when a credit union is experiencing financial instability. Therefore, a credit union's level of capital is a useful measurement of its financial resilience. From a safety and soundness perspective, the more capital, the better.
CONNEXUS received a score of 10 out of a possible 30 points on our test to measure capital adequacy, lower than the national average of 15.26.
CONNEXUS had a capitalization ratio of 9.00 percent in our test, less than the average for all credit unions, an indication that it's on less solid financial footing than its peers.