Asset Quality Score
In this test, Bankrate tries to estimate the effect of troubled assets, such as unpaid loans, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
A credit union with lots of these kinds of assets may eventually be required to use capital to absorb losses, reducing 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, resulting in reduced earnings and potentially more risk of a future failure.
BANK FUND STAFF exceeded the national average of 38.15 on Bankrate's test of asset quality, racking up 40 out of a possible 40 points .
BANK FUND STAFF's ratio of troubled assets was 3.00 percent in our test, beneath the national average and potentially indicative of greater financial strength than other credit unions.