Asset Quality Score
In this test, Bankrate tries to estimate the impact of troubled assets, such as unpaid mortgages, on the credit union's capitalization and allocated loan loss reserves.
A credit union with lots of these kinds of assets may eventually be required to use capital to absorb losses, shrinking its equity cushion. Many of those assets are also likely to be in non-accrual status and no longer earning money, pushing down earnings and elevating the chances of a failure in the future.
On Bankrate's asset quality test, SOLARITY scored 40 out of a possible 40 points, beating out the national average of 38.15 points.
SOLARITY's ratio of troubled assets was 3.00 percent in our test, beneath the national average and potentially indicative of greater financial strength than other credit unions.