Asset Quality Score
In this test, Bankrate tries to estimate the effect of troubled assets, such as past-due loans, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
Having a large number of these kinds of assets could eventually require a credit union to use capital to cover losses, cutting down on 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, resulting in reduced earnings and potentially more risk of a future failure.
CASCO scored 36 out of a possible 40 points on Bankrate's asset quality test, less than the national average of 38.09.
Troubled assets made up 0.00 percent of CASCO's total assets in our test, below the national average and potentially indicative of superior financial strength compared to other credit unions.