THE INSTITUTION'S SCORE
Capital works as a bulwark against losses and affords protection for members when a credit union is struggling financially. It follows then that when it comes to measuring an an institution's financial stability, capital is essential. From a safety and soundness perspective, the more capital, the better.
On our test to measure capital adequacy, STATE DEPARTMENT received a score of 10 out of a possible 30 points, coming in below the national average of 15.26.
STATE DEPARTMENT appears to be less well prepared for financial trouble than its peers in this area, with a capitalization ratio of 9.00 percent in our test, below the average for all credit unions.