THE INSTITUTION'S SCORE
Capital works as a cushion against losses and as protection for members when a credit union is experiencing economic instability. Therefore, when it comes to measuring an a credit union's financial stability, capital is valuable. When looking at safety and soundness, the higher the capital, the better.
CLEARCHOICE received a score of 2 out of a possible 30 points on our test to measure capital adequacy, falling short of the national average of 15.26.
CLEARCHOICE appears to be on less solid financial footing than its peers in this area, with a capitalization ratio of 6.00 percent in our test, worse than the average for all credit unions.