Asset Quality Score
This test's purpose is to estimate how the credit union's loan loss reserves and overall capitalization could be affected by troubled assets, such as past-due loans.
A credit union with lots of these kinds of assets may eventually be forced to use capital to absorb losses, reducing its buffer of equity. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning interest for the credit union, pushing down earnings and increasing the risk of a future failure.
On Bankrate's asset quality test, COOPERATIVE CENTER scored 32 out of a possible 40 points, failing to reach the national average of 38.15 points.
Troubled assets made up 17.00 percent of COOPERATIVE CENTER's total assets in our test, greater than the national average and something to keep an eye on.