THE INSTITUTION'S SCORE
Capital works as a bulwark against losses and provides protection for members during times of economic instability for the credit union. It follows then that when it comes to measuring an a credit union's financial resilience, capital is useful. From a safety and soundness perspective, the higher the capital, the better.
On our test to measure capital adequacy, RARITAN BAY received a score of 4 out of a possible 30 points, coming in below the national average of 15.26.
RARITAN BAY had a capitalization ratio of 7.00 percent in our test, less than the average for all credit unions, a sign that it's on less solid financial footing than its peers.