Asset Quality Score
Bankrate uses this test to estimate the impact of problem assets, such as unpaid mortgages, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
A credit union with a large number of these kinds of assets could eventually be required to use capital to cover losses, diminishing its cushion of equity. Many of those assets are also likely to be in non-accrual status and no longer earning money, resulting in lower earnings and potentially more risk of a future failure.
CEN TEX MANUFACTURING scored below the national average of 38.09 on Bankrate's asset quality test, racking up 32 out of a possible 40 points .
Troubled assets made up 0.00 percent of CEN TEX MANUFACTURING's total assets in our test, lower than the national average and potentially indicative of superior financial strength compared to other credit unions.