THE INSTITUTION'S SCORE
Capital acts as a buffer against losses and provides protection for members when a credit union is experiencing financial instability. Therefore, when it comes to measuring an an institution's financial strength, 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, CARTER received a score of 4 out of a possible 30 points, falling short of the national average of 15.65.
CARTER had a capitalization ratio of 4.00 percent in our test, worse than the average for all credit unions, an indication that it could have a harder time weathering financial trouble than its peers.