Asset Quality Score
Bankrate uses this test to estimate the effect of troubled assets, such as past-due mortgages, on the credit union's loan loss reserves and overall capitalization.
Having extensive holdings of these kinds of assets suggests a credit union could eventually have to use capital to cover losses, diminishing its equity cushion. 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, resulting in diminished earnings and potentially more risk of a future failure.
On Bankrate's asset quality test, VISIONS scored 40 out of a possible 40 points, better than the national average of 38.15 points.
VISIONS's ratio of troubled assets was 6.00 percent in our test, less than the national average and potentially indicative of superior financial strength compared to other credit unions.