Asset Quality Score
This test is intended to estimate how the credit union's reserves set aside to cover loan losses, as well as overall capitalization could be affected by problem assets, such as past-due loans.
Having lots of these kinds of assets could eventually force a credit union to use capital to cover losses, cutting down on its buffer of equity. Many of those assets are also likely to be in non-accrual status and thus aren't earning interest for the credit union, pushing down earnings and elevating the chances of a failure in the future.
AVOYELLES PARISH SCH BRD EMP scored 40 out of a possible 40 points on Bankrate's asset quality test, better than the national average of 38.09.
Troubled assets made up 0.00 percent of AVOYELLES PARISH SCH BRD EMP's total assets in our test, beneath the national average and potentially indicative of greater financial strength than other credit unions.