Safe and Sound

ANTIOCH MB

DECATUR, IL
4
Star Rating
ANTIOCH MB is an NCUA-insured credit union started in 1970 and currently based in DECATUR, IL. As of December 31, 2017, the credit union had assets of $214,892.

The credit union has amassed loans and leases worth $1,007. Its 150 members currently have $175,684 in shares with the credit union.

Overall, Bankrate believes that, as of December 31, 2017, ANTIOCH MB exhibited a good condition, earning 4 out of 5 stars for safety and soundness. Here's a look at how the credit union faired on the three important criteria Bankrate used to evaluate U.S. credit unions.

WHAT IS
SAFE AND SOUND?

Find out

THE INSTITUTION'S SCORE

Capital Score

Capital works as a bulwark against losses and affords protection for members during times of economic instability for the credit union. Therefore, when it comes to measuring an a credit union's financial resilience, capital is important. When it comes to safety and soundness, the higher the capital, the better.

On our test to measure the adequacy of a credit union's capital, ANTIOCH MB achieved a score of 28 out of a possible 30 points, exceeding the national average of 15.65.

ANTIOCH MB had a capitalization ratio of 28.00 percent in our test, better than the average for all credit unions, suggesting that it's on more solid financial footing than its peers.

Asset Quality Score

This test is intended to try to understand how the credit union's capitalization and allocated loan loss reserves could be affected by troubled assets, such as unpaid loans.

Having a large number of these types of assets means a credit union may have to use capital to absorb losses, reducing its buffer of equity. It also means that there are likely to be many assets that are in non-accrual status and no longer earning money, pushing down earnings and increasing the risk of a failure in the future.

On Bankrate's test of asset quality, ANTIOCH MB scored 40 out of a possible 40 points, better than the national average of 38.09 points.

Earnings score

A credit union's earnings performance affects its long-term survivability. A credit union can retain its earnings, increasing its capital buffer, or put them to work addressing problematic loans, likely making the credit union more resilient in tough times. Conversely, losses diminish a credit union's ability to do those things.

ANTIOCH MB did below-average on Bankrate's test of earnings, achieving a score of 0 out of a possible 30.

One sign that ANTIOCH MB is outperforming its peers in this area was its earnings ratio of 0.00 percent in our test, above 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.