THE INSTITUTION'S SCORE
Capital acts as a bulwark against losses and provides protection for members when a credit union is experiencing financial instability. Therefore, an institution's level of capital is a useful measurement of its financial fortitude. From a safety and soundness perspective, the higher the capital, the better.
On our test to measure the adequacy of a credit union's capital, 121 FINANCIAL received a score of 8 out of a possible 30 points, below the national average of 15.65.
121 FINANCIAL appears to be on less solid financial footing than its peers in this area, with a capitalization ratio of 8.00 percent in our test, worse than the average for all credit unions.