Safe and Sound

U.S. EAGLE

ALBUQUERQUE, NM
4
Star Rating
U.S. EAGLE is an NCUA-insured credit union founded in 1935 and currently headquartered in ALBUQUERQUE, NM. The credit union holds $969.0 million in assets, according to June 30, 2017, regulatory filings.

Members have $742.3 million on deposit tended by 214 full-time employees. With that footprint, the credit union currently holds loans and leases worth $742.3 million. Its 81,773 members currently have $861.9 million in shares with the credit union.

Overall, Bankrate believes that, as of June 30, 2017, U.S. EAGLE exhibited a good condition, earning 4 out of 5 stars for safety and soundness. Keep reading for an analysis of how the credit union did on the three key criteria Bankrate used to score American credit unions.

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SAFE AND SOUND?

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THE INSTITUTION'S SCORE

Capital Score

When it comes to measuring a credit union's financial fortitude, capital is essential. It acts as a bulwark against losses and affords protection for members during times of economic trouble for the credit union. When it comes to safety and soundness, more capital is better.

U.S. EAGLE received a score of 12 out of a possible 30 points on our test to measure the adequacy of a credit union's capital, coming in below the national average of 15.26.

U.S. EAGLE's capitalization ratio of 10.00 percent in our test was less than the average for all credit unions, suggesting that it could be less resilient in a crisis than its peers.

Asset Quality Score

This test's purpose is to estimate how the credit union's capitalization and allocated loan loss reserves could be affected by problem assets, such as unpaid mortgages.

A credit union with lots of these kinds of assets may eventually be required to use capital to absorb losses, diminishing its equity buffer. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning interest for the credit union, diminishing earnings and increasing the chances of a future failure.

On Bankrate's test of asset quality, U.S. EAGLE scored 36 out of a possible 40 points, less than the national average of 38.15 points.

An above-average ratio of troubled assets of 9.00 percent in our test was something to watch for the credit union.

Earnings score

How successful a credit union is at making money has an effect on its long-term survivability. Earnings can be retained by the credit union, expanding its capital buffer, or be used to deal with problematic loans, likely making the credit union better able to withstand financial shocks. Obviously, credit unions that are losing money are less able to do those things.

U.S. EAGLE outperformed the average on Bankrate's earnings test, achieving a score of 12 out of a possible 30.

One indication that U.S. EAGLE is running ahead of its peers in this area was its earnings ratio of 6.00 percent in our test, higher than the average for all credit unions.








WHAT IS SAFE & SOUND?

Bankrate.com's Safe & Sound Ratings provide a star rating system to evaluate the current financial status of financial institutions. The information gathered about banks, credit unions and thrifts is updated as set forth in the Terms of Use of Safe & Sound Ratings and Reports. The Safe & Sound Ratings information is grouped by categories of banks, thrifts and credit unions.

Scoring methodology

Bankrate.com evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating. Institutions with satisfactory performance will generally receive a rating of three or more stars. The majority of institutions fall into the three- to four-star range. An institution with an "NR" rating may be too new to rate or may have limited the publicly available information in their regulatory filings. The "NR" is not an indication of financial strength or weakness. The Safe & Sound rating is believed to be reliable, but the information is not guaranteed. In addition, events since the information was collected may have altered the institution's financial condition.