Asset Quality Score
This test's purpose is to estimate how the credit union's reserves set aside to cover loan losses, as well as overall capitalization could be affected by problem assets, such as past-due mortgages.
A credit union with lots of these types of assets could eventually be required to use capital to cover losses, reducing its equity cushion. Many of those assets are also likely to be in non-accrual status and no longer earning money, decreasing earnings and elevating the risk of a future failure.
On Bankrate's asset quality test, CITY AND COUNTY EMPLOYEES scored 40 out of a possible 40 points, beating the national average of 38.09 points.
Troubled assets made up 0.00 percent of CITY AND COUNTY EMPLOYEES's total assets in our test, below the national average and potentially indicative of superior financial strength compared to other credit unions.