THE INSTITUTION'S SCORE
Capital acts as a bulwark 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 fortitude, capital is useful. From a safety and soundness perspective, the more capital, the better.
On our test to measure the adequacy of a credit union's capital, COMMUNITY 1ST received a score of 8 out of a possible 30 points, failing to reach the national average of 15.65.
COMMUNITY 1ST's capitalization ratio of 8.00 percent in our test was below the average for all credit unions, suggesting that it's weaker than its peers.