Asset Quality Score
In this test, Bankrate tries to estimate the impact of troubled assets, such as past-due mortgages, on the credit union's capitalization and allocated loan loss reserves.
A credit union with a large number of these types of assets could eventually have to use capital to absorb losses, cutting down on its equity buffer. It also means that there are likely to be many assets that are in non-accrual status and no longer earning interest for the credit union, reducing earnings and increasing the risk of a future failure.
YOGAVILLE beat out the national average of 38.15 on Bankrate's test of asset quality, racking up 40 out of a possible 40 points .
Troubled assets made up 4.00 percent of YOGAVILLE's total assets in our test, beneath the national average and suggestive of superior financial strength compared to other credit unions.