Asset Quality Score
In this test, Bankrate tries to estimate the effect 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.
Having lots of these types of assets may eventually force a credit union to use capital to absorb losses, shrinking its cushion 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.
On Bankrate's test of asset quality, BEE scored 40 out of a possible 40 points, above the national average of 38.09 points.
Troubled assets made up 0.00 percent of BEE's total assets in our test, lower than the national average and suggestive of superior financial strength compared to other credit unions.