Asset Quality Score
In this test, Bankrate tries to estimate the impact of problem assets, such as past-due mortgages, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
A credit union with a large number of these types of assets could eventually be forced to use capital to cover losses, decreasing 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, resulting in reduced earnings and potentially more risk of a future failure.
167TH TFR scored 40 out of a possible 40 points on Bankrate's asset quality test, exceeding the national average of 38.15.
Troubled assets made up 5.00 percent of the credit union's total assets in our test, below the national average and suggestive of superior financial strength compared to other credit unions.