Asset Quality Score
In this test, Bankrate tries to estimate the effect of problem assets, such as unpaid loans, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
A credit union with large numbers of these types of assets may eventually be forced to use capital to cover losses, reducing its equity buffer. Many of those assets are also likely to be in non-accrual status and no longer earning interest for the credit union, resulting in lower earnings and potentially more risk of a future failure.
On Bankrate's asset quality test, SILVER STATE SCHOOLS FAMILY scored 40 out of a possible 40 points, beating out the national average of 38.15 points.
The credit union's ratio of problem assets was 6.00 percent in our test, below the national average and suggestive of superior financial strength compared to other credit unions.