Asset Quality Score
This test's purpose is to try to understand how the credit union's loan loss reserves and overall capitalization could be affected by troubled assets, such as unpaid loans.
A credit union with extensive holdings of these kinds of assets may eventually have to use capital to cover losses, reducing its buffer of equity. Many of those assets are also likely to be in non-accrual status and thus aren't earning interest for the credit union, decreasing earnings and elevating the risk of a future failure.
On Bankrate's test of asset quality, REGISTER GUARD EMPLOYEES scored 40 out of a possible 40 points, better than the national average of 38.15 points.
Troubled assets made up 1.00 percent of the credit union's total assets in our test, less than the national average and potentially indicative of greater financial strength than other credit unions.